Garmin to Expand Manufacturing - Open 3rd Plant Site

Things must be going very well for Garmin these days as they have announced that they are opening another plant in Taiwan. The third plant was disclosed at the annual shareholder meeting on Friday. The plant should cost around $90 million.

"We thought it was going to be a longer-term expansion plan, but in fact we're already in need of additional spaces, so we're just days away from closing our third factory," Kevin Rauckman, the CFO of Garmin said.

Read More in: Garmin GPS News

Related Articles:

• Garmin Colorado Handheld 300, 400c, 400i, 400t - $50 Rebate - Oct 01, 2008
• Garmin GPS Icons - Halloween Set Now Available - The "Boo-Bundle" - Oct 21, 2008
• Garmin Set to Launch Map Subscriptions - Oct 09, 2008

Came straight to this page? Visit GPS Lodge for all the latest news.

Want to share this post with others? digg this and add to del.icio.us.