Premo Wuxi 4,000 sqm new plant is ready for operation 8th Oct 2010 after 2 months intensive refurnishing and installation, this new plant enlarged Premo Wuxi production area by 100% and enabled Premo Wuxi to place automotive and industrial products into dedicated area, commented on the new plant, Ezequiel Navarro the Premo Group CEO says: ”This is a very important milestone in the development of Premo Wuxi as the leading centre in Premo Group.
The new facilities will give Premo the capacity to produce its inductive sensors for Automotive application as well as the new Power Electronics projects. The new Plant will also let our R&D team expand to strengthen our technical, research and developments skills in EMC, RFID and IC products for all Asian Markets. We have to congratulate the Premo Wuxi Team for such achievement as they managed to set the new plant in a record time since the signature of the MOU with the Wuxi New District Authorities .
With the New Plant Premo will have close to 8,000 sqm of industrial facilities and enough capacity to continue to grow over 50% per year as it is already doing. In 2011 Grater China including Taiwan will be the first market of the Premo Group with 30% of our sales. A bright new plant for a promising future.”