In a momentous development, Momentum has solidified plans to establish its inaugural factory in Vietnam. Situated within the esteemed Tan Thuan Export Processing Zone, Ho Chi Minh City, Vietnam, the company is on track to commence operations at this state-of-the-art facility by 4Q2024.
Source: Internet
Spanning an expansive 6,000 square meters, this facility represents a significant step forward for Momentum. It will serve as a dynamic center for production and innovation. The factory is expected to provide gainful employment opportunities for approximately 600 highly skilled professionals, creating a substantial positive impact within the region.
At the core of this manufacturing powerhouse will be 5 SMT production lines, renowned for their precision and efficiency in electronic component assembly. Additionally, the facility will feature an advanced plastic manufacturing operation equipped with over 35+ injection machines.
What sets Momentum apart is its robust R&D capabilities, which enable the company to provide exceptional ODM services. These services cater to a diverse range of industries, including telecommunications, healthcare, home automation, and industrial applications…
The establishment of Momentum's first factory in Vietnam underscores the company's commitment to meeting the evolving needs of its customers and expanding its production capabilities. By harnessing the talent and resources of the region, Momentum aims to deliver innovative, high-quality products that set new industry standards.
As the target production commencement date in the fourth quarter of 2024 approaches, Momentum is gearing up to elevate its manufacturing capabilities to unprecedented heights. This strategic move not only signifies a significant milestone for the company but also presents a promising opportunity for the local manufacturing landscape.