Electronics components manufacturer Plexus Corp. announced it is moving forward with plans to build a new manufacturing plant in Oradea, Romania. The plant will require an investment between USD 25 million and USD 30 million, according to postcrescent.com
According to the Plexus official site, the new manufacturing facility in Santion village spans on a surface of 72,000 square feet.
The company said it signed an agreement with the municipality of Oradea for the development of a facility, between 160,000 and 215,000 square-feet on 22 acres in the city’s newly established industrial park. Construction is expected to begin in 2011.
“We believe that our investment in Oradea has provided our multinational customers with an optimal lower total-cost European solution, particularly for products with European end-markets,” said Steve Frisch, a representative for Plexus, for postcrescent.com. “Our customers continue to show increased demand for services in this region since we commenced operations in February 2009 with a leased facility in Oradea, Romania.”
The company aims to grow its customer base, recruit and hire staff at all levels and for all functions for its facility in Oradea, Romania.
“We anticipate that staffing levels may grow to 500 when the new facility is fully operational,” Frisch said, according to the same source.
Plexus now has operations in the United States, Mexico, Scotland, Romania, China, and Malaysia.
Otilia Haraga