German vacuum pumps manufacturer Pfeiffer Vacuum has expanded its facility in Wuxi, China.
Double its original size, Pfeiffer Vacuum said the expansion marks a significant milestone in in the company’s development in China.
It also allows Pfeiffer Vacuum to better respond to local customer’s 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 €150m ($166.8m)”, said Hugh Kelly, representative of Pfeiffer Vacuum’s 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.”
“With the introduction of industry-leading technologies and equipment, Pfeiffer Vacuum is better poised to react to the needs of local customers.”
At Pfeiffer Vacuum’s 2019 annual general meeting, eight strategic pillars of the company were shared with CEO Dr. Eric Taberlet, which highlighted 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 the country as well as the wider Asia market.
Since entering the China market in 2007, Pfeiffer Vacuum 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.