Advanex has begun construction for the new manufacturing site in Czech Republic. The new purpose built 7,300m2 factory will be located in Horní Počernice. Construction for the new site is well underway and is on track for completion in Spring 2019. The delivery and further management of the building is secured by P3 Logistic Parks (P3).

The construction site was recently visited by Advanex Executive Director, CFO, Toshiya Ohno who travelled from Japan to celebrate the early stages of the construction project.

Image 1: Toshiya Ohno, Executive Director, CFO for Advanex visits the construction site with representatives from business partner P3 and Advanex Europe.

Advanex is working closely with P3 in Prague to ensure that the project management of the new factory runs seamlessly. The P3 logistics park on which the new Advanex factory will be located is the largest within the Czech Republic. The facility will be designed to accommodate 2 floors of office space and will have state of the art machinery and production lines.

Image 2: Advanex Czech Republic

The new factory comes as part of their ambitious growth plans in Europe. The new factory will involve Advanex investing €5 million in Czech Republic over the next 5 years. The new factory will produce precision metal components for supply to all industry sectors. The facility will achieve and maintain specific accreditations for supply into Automotive, Medical and Aerospace markets.

Ian Beardsmore, Managing Director of Advanex Europe highlights, “The construction of our new site is progressing well. We are looking forward to opening our doors in early 2019”.