PHUC DIEN INDUSTRIAL ZONE, VIETNAM -- A subsidiary of Brother Industries Ltd., the maker of printers and other communications devices, will invest $40 million in a new manufacturing plant in the Hai Duong Province of Vietnam.
Brother Industries Vietnam Ltd. will build printers, faxes and other multifunctional gear for export at the plant, which is due to come online in April 2007. The plant will employ 500 workers and produce about 30,000 units will be produced per month, Brother said.
ARLINGTON, VA -- Factory sales of consumer electronics will reach a new high of $135.4 billion in 2006, according to the Consumer Electronics Association. The trade group issued its forecast ahead of the annual International Consumer Electronics Show, the world's largest consumer technology trade show.