Global Sourcing Spotlight: Tariffs—The New Reality
Knocking Down the Bone Pile: Gold Mitigation for Class 2 Electronics
Punching Out: Your Financial Preparation for a Sale
GPV Completes Factory Re-Layout in Thailand
December 12, 2024 | GPVEstimated reading time: 1 minute
In mid-December 2024, our team in Thailand completed the re-layout activities of our refurbished, former mechanics factory in Thailand. The electronics factory is now 22,000 sqm. The refurbished factory building was handed over to Bjorn Fiskers and his team in May 2024 after moving our mechanics production into a new factory building in close proximity to the electronics factory.
“I am very proud of my team here in Thailand. They have worked hard to ensure a smooth translation of equipment, products, and people. Next step for us is to work with 5S activities to ensure optimal efficiency within the newly structured production and support areas,” says Bjorn Fiskers, MD at GPV Electronics TH and GPV Mechanics TH, both situated in the Bangkok area.
A team effort
The re-layout activities have included relocating equipment and machinery, including the SMT and THT areas, the coating area, testing, box-build assembly and Kardex. The electronics factory also features a new SMT overpressure room equipped with a new stand-alone control system.
“The refurbishment is a significant milestone in further strengthening our operational footprint in Southeast Asia. It has been a huge layout exercise, where almost no area has been un-touched, and I am impressed about the execution without significant impacts to our current deliveries. A big congratulations to our team in Thailand for their dedicated work, making us able to ensure service excellence for our customers,” says Martin Kjærbo, COO at GPV.
In July 2024, solar panels were installed on top of the factory building, supporting our target of a 70% reduction in greenhouse gas intensity in our scope 1 and 2 emissions by 2028 (from a 2020 baseline).
Building our global presence
The completion of the re-layout in Thailand is part of our recent expansions of factories to match our global footprint to where our customers need us. Last year, we opened our new state-of-the-art electronics factory in Sri Lanka, and during 2024, we have worked on getting our new electronics factory in Piestany, Slovakia, ready for production. Simultaneously, we are expanding our electronics factory in Mexico.
A key benefit of our global footprint is our ability to share best practices across our locations. This way, we can ensure harmonised and optimised standards throughout our operations to the benefit of our customers.
Currently, we have 17 factories and 7,500 employees spread across 12 countries.
Share on:
Suggested Items
Flexible PCB Market to Reach $61.75B by 2032, Driven by the Demand for Compact Electronics, Automotive and Medical Applications
05/16/2025 | Globe NewswireAccording to the SNS Insider, “The Flexible PCB Market was valued at USD 21.42 billion in 2023 and is expected to reach $61.75 billion by 2032, growing at a CAGR of 12.52% over the forecast period 2024-2032.”
The ICAPE Group Announces a 13% Growth in Revenue to €51.1M for Q1 2025
05/15/2025 | ICAPE GroupThe ICAPE Group, a global technology distributor of printed circuit boards (PCB) and custom-made electromechanical parts, announced its sales for the first quarter of 2025.
Interlink Electronics Reports Q1 2025 Result
05/15/2025 | BUSINESS WIREInterlink Electronics, Inc., a global leader in sensor technology and printed electronic solutions, reported results for the first quarter ended March 31, 2025.
In Pursuit of Perfection: Defect Reduction—May 2025 PCB007 Magazine Now Available
05/15/2025 | I-Connect007 Editorial TeamFor bare PCB board fabrication, defect reduction is a critical aspect of a company's bottom line profitability. In the May 2025 issue of PCB007 Magazine, we examine the imaging, etching, and plating processes, as well as product traceability on the shop floor, providing information and insight into how you can reduce your defects and increase yields.
indie Semiconductor Reports Q1 2025 Results
05/13/2025 | BUSINESS WIREindie Semiconductor, Inc., an automotive solutions innovator, today announced first quarter results for the period ended March 31, 2025. Q1 revenue was up 3.3 percent year-over-year to $54.1 million with Non-GAAP gross margin of 49.5 percent. On a GAAP basis, first quarter 2025 operating loss was $38.9 million compared to $49.6 million a year ago.