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Mark Peters : February 7th 2006 - 15:10 CET

Pentax SLR camera plant to be built in Vietnam


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PentaxPentax SLR camera plant to be built in Vietnam : Pentax Corporation is pleased to announce that it will expand the production capacity of Pentax VN Co., Ltd., the company's overseas subsidiary based in Vietnam, with the construction of a second plant. Pentax VN specializes in the manufacture of optical instruments and components. This move is made to prepare for the expected increase in demand for interchangeable lenses for digital SLR cameras, as well as to respond to intensifying price competition in both the domestic and international markets. In addition to the current plant, which has 6,700m² of floor space, Pentax will build a new 6,000m² plant within the same Pentax VN compound by October 2006.
Pentax SLR camera plant to be built in VietnamPentax new SLR camera plant
The total number of employees at Pentax NV will also be increased from 700 to 900. With the inauguration of the new plant, Pentax VN's lens production capacity will grow from the current one million units a month to 1.6 million units. Since its foundation in 1995, Pentax Vietnam has mainly manufactured interchangeable lenses for Pentax-brand SLR cameras and CCTV lenses. In recent years, digital compact camera lenses and cellular phone camera lenses have been added to its product lineup, making it the main production base for Pentax lenses.

Pentax Vietnam Plant - Prepare for increase on Digital SLR cameras
Under the ongoing three-year mid-term management plan (effective from April 2004 to March 2007), Pentax Corporation has made a thorough review of its business foundation, and is carrying out comprehensive restructuring of its production bases worldwide, in order to optimize the production capacity and efficiency of the entire Pentax group. The construction of the new plant at Pentax VN has been planned and implemented as part of this management plan.

Overview of Pentax Vietnam Co., Ltd.
Name : Pentax VN Co., Ltd.
Foundation : 1995
Address : Sai Dong B, Industrial Zone, Thach Ban Village, Gia Lam District, Hanoi
Capital : US$ 7 million (100% subsidized by PENTAX Corporation)
President : Mitsuo Miura
Total area : 35,000m²
Floor space : 8,800m² (6,700m² for current plant; 2,100m² for other facilities)

Overview of New Pentax Vietnam Plant
Site : Within current Pentax VN compound
Capital investment : JPY 780 million (plant structure and production facilities combined)
Construction commencement : March 2006 (tentative schedule)
Construction completion : October 2006 (tentative schedule)
Floor space : 6,000m² (new plant only)
Construction type : One-story, steel-frame structure

About Pentax
Over many years, Pentax has gained a vast pool of knowledge and expertise through our ongoing introduction of innovative and industry-first technologies. These cover many fields, from cameras and digital devices to medical equipment, industrial systems and biotechnology. All our efforts are aimed at one goal: to provide our customers with the tools for greater fun and pleasure. Our commitment is to continue to develop and produce the new technologies and attractive products that keep us part of your life.





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