Third expansion of Tianjin facility
Pfäffikon SZ / Cologne, 30 November 2011 - Oerlikon Leybold Vacuum announced the opening of its new production facility in Tianjin, China. The new facility is the third substantial expansion of the existing plant. With this extension, Oerlikon Leybold Vacuum is able to move additional product lines and customized solutions into Chinese manufacturing.
Since its foundation in 1997, Oerlikon Leybold Vacuum China has shown an unmatched and steady growth in the Asian market. Since then, the Segments' Asian share of sales has reached more than 30 % in the first half year 2011. With the recent expansion of around 30 %, Oerlikon Leybold Vacuum laid ground to continue this trend. With this investment, Oerlikon Leybold Vacuum in Tianjin offers all necessary production and servicing options for fore vacuum, high vacuum and leak detection services as well as solution know how. "The development of our factory site in Tianjin reflects our overall performance in China. Increasing the scope of our products built especially for the Chinese and Asian markets as well as customized solutions ensure the continuation of our success story", said Andreas Widl, CEO of Oerlikon Leybold Vacuum. "China still offers significant potential for Oerlikon's profitable growth. In a structured manner we are identifying and consistently utilizing these potentials in order to further strengthen the position of Oerlikon specifically in emerging markets", said Michael Buscher, Chief Executive Officer of OC Oerlikon.