Milestone Vacuum Technology
China: Vacuum Technology Growth Location China: Pfeiffer Vacuum opens new plant
The importance of China as a production and investment location is growing. Pfeiffer Vaccum doubles its factory premises and highlights the region's potential for the company.
Wuxi, China — Pfeiffer Vacuum doubles its sites in Wuxi, China. The Company celebrated the expansion of its facility in province Jiangsu in on October 23, 2019 with a grand opening cermony. Double its original size, the new, expanded facility marks a milestone in Pfeiffer Vacuum’s development in China, as it allows the company to better respond to local customers’ needs while supporting its strategic growth in the local coating and semiconductor market.
“This is part of our new growth strategy which includes a global investment program of 150 million Euro”, said Hugh Kelly, representative of the management board, “In addition to providing after-sales service, the bigger facility will now also allow for the production of dry pumps and our new leak detection systems ATC, as well as the assembly of pumping stations.”
At the 2019 annual general meeting, the company shared eight strategic pillars of the company, with Dr. Eric Taberlet, CEO of Pfeiffer Vacuum Technology highlighting the importance of the Chinese market to the company’s development. As one of the key cities in the Yangtze River Delta region, Wuxi has been receiving strong government support to develop its semiconductor, electronics and solar industry. The expanded facility not only strengthens Pfeiffer Vacuum’s presence in China but also enables closer proximity to its customers in China as well as the wider Asia market.
Since entering the China market in 2007, the company has maintained a steady growth with over 150 employees, largely part of the country’s booming economy as well as strong market demand for scientific and high-precision vacuum technology. As the inventor of the turbomolecular pump, the enterprise has been investing in Research & Development for nearly 130 years.
In support of the vacuum technology industry in China, the german firm has been working closely with top local enterprises, scientific research institutions as well as other industry partners. The new expanded facility is intended to offer local users further added value and further strengthen the company's commitment to the Chinese market in the future.