GPV continues to execute its growth plan

The aim is to be able to address the future increased requirements for high quality and flexibility. As the latest step in executing its growth plan, GPV has invested in a new complete SMT line for the electronics factory in Aars. This new investment will supplement the 2014-investment so that now, the factory will have available two new mutually compatible SMT lines that will ensure that GPV is able to meet both present and future quality demands. At the same time GPV is making sure that the transfer between GPV’s factories can take place smoothly and according to known standards. According to the company the investment will also mean that with rapid changeovers and shorter lead times. CEO Bo Lybæk states that “with the new SMT line to Aars, GPV has taken yet another important step to ensure Danish electronics competence and SMT capacity at top level.” Bo Lybæk continues to say: “This investment is the latest element in a range of investments that will support our growth strategy. This step flows naturally from in 2014 putting into operation our new factory in Bangkok, Thailand, and our announcement previously this year that we will open our own production in Mexico. We expect to open the new factory in Guadalajara, Mexico, so that the first deliveries will take place in Q1 2017.”