LU-VE Group Continues Expansion In Asia & Europe

Date: 12 June 2018
As part of its plan for international development in strategic areas, LU-VE Group is starting the project of expanding its production facility in China, which is currently located in the Science Development Zone of Chiangshu. The plan provides for transfer from the Province of Jiangsu to Tianmen in the Province of Hubei (South-central China). The new production facility will be called LU-VE Tianmen. The total structural surface area will increase from the present 7,000 to over 19,000 m2. 15,000 sq.m of this area will be dedicated to production, while a two-story building (2,000 sq.m) will house the offices; another 2.000 sq.m will be reserved for dormitories and the company restaurant. The development plans also provide for a further possible expansion of 10.000 sq.m from 2021.  The new LU-VE Tianmen plant (which will employ over 70% of the current workforce in the Changshu factory) will be able to start production in autumn, reaching full operation in 2019. In Europa meanwhile, LU-VE Group is doubling its own facility in Gliwice (Poland): a new-area total of 60,000 sq.m of which 20,000 sq.m are covered. The project, which began in 2017, involves an investment of €36 million over five year.

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