SUZHOU, CHINA – Ventec has selected Thailand as the location for a $17 million PCB material manufacturing facility.
The company said the new facility will be built on 8.4 acres in the Hi-Tech Industrial Estate to the north of Bangkok in the Ayutthaya province, reinforcing its commitment to global supply chain resiliency by expanding its manufacturing footprint beyond China and Taiwan, as well as customer proximity in the developing Southeast Asia PCB manufacturing hub.
Ventec announced in June 2023 that it would establish a new manufacturing base in Southeast Asia to diversify geographical risk and enhance support for growing customer demand. With construction scheduled to commence in the second quarter of 2025 and full production starting in the first quarter of 2026, the facility will offer cutting-edge production capabilities across two phases, achieving a capacity of 150,000 sheets per month in the first phase, the company said.
Ventec said it selected Thailand for its new manufacturing facility due to several factors. Establishing operations in Thailand diversifies geographical risk by expanding beyond existing hubs in China and Taiwan, strengthening supply chain stability. Thailand’s emergence as a leading PCB manufacturing hub outside of China makes it a strategic location, particularly as many of Ventec’s existing and potential customers are establishing or expanding their operations there. Additionally, Thailand offers a robust logistics infrastructure with reliable international shipping routes, which ensures fast delivery times, and the country’s strong support for the electronics manufacturing sector provides a favorable environment for efficiency and cost-effectiveness, benefiting customers across all regions.
"Now is the right time to invest in establishing an additional manufacturing presence in Thailand to support the expanding Southeast Asian electronics industry, which is experiencing significant growth across consumer, industrial, and automotive sectors," said CEO Jason Chung. "This new factory will enhance our supply chain security promise to our global PCB and OEM customer base as we plan to manufacture the complete portfolio of advanced high-reliability and high-performance materials."
"The addition of our Thailand factory strategically positions Ventec to better serve our customers worldwide," said Mark Goodwin, COO, EMEA & Americas. "Thailand's robust logistics infrastructure enables faster shipping times, and exceptional supply chain reliability. As Thailand strengthens its position as a leading PCB manufacturing hub, we can deliver unrivaled value to our customers by ensuring their supply chains remain agile and competitive, whilst also addressing the geopolitical and geographical diversity of manufacturing footprint requirements of some key customers and market sectors. The new facility underscores Ventec's leadership in delivering high-reliability and high-performance PCB materials for applications in automotive, aerospace, communications, and more."
