June 11, 2007

Garmin to Expand Manufacturing - Open 3rd Plant Site

newgarminlogo.jpg

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:

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.

Posted by Scott Martin at June 11, 2007 7:28 PM

Comments

Post a comment









Remember personal info?




Please enter the letter "p" in the field below:
Please press Post only once. Submission of comments takes up to 20 seconds because of Spam Filtering.
Email This Entry: Garmin to Expand Manufacturing - Open 3rd Plant Site
Email this entry to:


Your email address:


Message (optional):


Join the Mailing List Mailing List

Enter your Email


Powered by FeedBlitz
Subscribe - RSS

Site Navigation

Visit our other properties at Blogpire.com!

Archives
Blogpire Sites

Green-Tag-Logo_type-grn.gif


This weblog is licensed under a Creative Commons License.

Powered by
Movable Type 4.12
All items Copyright © 1999-2008 Blogpire Productions. Please read our Disclaimer and Privacy Policy