Nox Opens Factory in Vietnam
Ho Chi Minh City, Vietnam, April 21, 2021-Nox Corporation celebrated the official opening of its manufacturing facility in Ho Chi Minh City, Vietnam with a grand opening ceremony on April 13.
Due to Covid-19 regulations and concerns, the ceremony was held simultaneously in Korea and Vietnam, while connected online.
Dan Koh, president and CEO of Nox, executives and employees from Nox Korea and Nox Asean were in attendance.
Nox Asean has already started official operations since March. Test productions have smoothly taken place throughout the first quarter of the year. Production capabilities cover the entire LVT manufacturing process with an exception to print films, in accordance with Nox’s IVP (Integrated Vertical Production) System. This new site is equipped with state-of-the-art equipment to keep constant with Nox’s commitment to provide high-quality products with superior quality control. The expected annual production capacity is approximately 20 million sqm.
While Nox Asean will initially focus on U.S. and Europe clients, Nox anticipates to bring in more clients from the Asean area. As all facilities have already been built, Nox Asean will readily expand its premises when necessary, in accordance with its growing needs.
In 2018, Dan Koh, president and CEO with Nox Corporation, discussed Nox Corporation's growth strategy in the U.S. with Floor Focus.