Advanex, a Japanese manufacturer of precision metal components, plans to open its first factory in the Czech Republic in spring 2019. The firm has leased facilities with an area of 7,300 m2 at Park P3 Prague v Horní Počernice, where it will place product equipment and lines, as well as offices. Advanex is investing EUR 5 million in the project. It also plans to recruit employees in connection with the start of production.
Advanex manufacturers metal components particularly for the automotive and healthcare industries and has operations in 23 countries including Great Britain, China, the United States and Thailand.
More information is available in the press release from Advanex.