PANDORA Opens New Production Facility in Thailand
October 31, 16
(IDEX Online) – Jewelry company PANDORA has opened its new crafting facility in Lamphun close to Chiang Mai in Northern Thailand a year after starting work on the new facility.
It was opened on October 1, and is being prepared for commercial production at the start of next year.
When fully utilized, the site will employ up to 5,000 people, offering some of the best working conditions and most modern production facilities in Asia. It will set new standards for the jewelry industry in terms of scale, size, green profile and modernity.
The new facility in Lamphun is one of three main projects in PANDORA's efforts to meet increasing demand.
"The site in Lamphun is the first of our recent initiatives to go live, but we are continuously expanding our production capacity, investing a total of DKK 1.8 billion in the period 2015 to 2019," said Thomas Touborg, Senior Vice President, Group Operations.
Besides the new facility in Lamphun, the capacity expansion program includes building an additional crafting facility in Gemopolis, as well as optimizing the existing crafting facilities in Gemopolis, Bangkok.
"With these initiatives we will be able to potentially double our total production capacity compared to 2015 to more than 200 million pieces a year by the end of 2019, and we aim to reduce lead-time from raw material to jewelry delivered by around 50%," said Touborg.