HZO sets foot in Vietnam for its "China Plus One" policy

HZO chose Vietnam as its alternative manufacturing hub next to China

HZO has announced the opening of a manufacturing facility in Yen Phong Industrial Park, marking its first factory in Vietnam.

This facility will bolster manufacturing capabilities, supporting industry diversification into various markets, including consumer electronics, industrial, IoT, automotive, and medical devices.

HZO selected Vietnam as its newest manufacturing location based on proximity to current clients, access to new prospects, availability of talent, favourable economic climate, and attractive operating costs.

This most recent facility addition builds upon HZO’s global footprint that includes 14 locations with manufacturing located throughout China, Hungary, and North America. HZO will harness the support and demand from current customer programmes in ramping up production, driving scale, and expanding resources to meet market demands.

“HZO’s Plus One initiative will bring to the local market the industry’s most advanced protective nanocoating technology for electronic devices,” said Andreas Morr, chief operations officer, HZO. “Society depends on everything from smartphones to autonomous vehicles, and hearing aids to smart factories, creating the demand for devices to be protected from the most challenging environmental conditions.”

The sprawling 80,000 square foot campus is equipped with the latest innovations from HZO, including next-generation coating equipment designed, developed, and built in-house, along with its patented Spectrum of Protection solutions, which draws from a diversity of materials. The new manufacturing site is expected to provide employment for a workforce of over 2,500 in the next three years.

This real estate expansion comes on the heels of strong business growth and is one of several new investments HZO has announced in recent months. These investments include a new global headquarters outside Raleigh NC, the latest generation of Parylene and plasma coating machines, two dozen new intellectual property assets, and expansion of key leadership positions, including the announcement of James Fahey as CEO.