Sam Dong provides the highest quality magnet wire products and services. We manage all aspects of our business to build positive relationships, promote healthy work environments, and develop energy products that will benefit all of society.

Europe Project Public Announcement

 

November 7, 2016

 

Today, Sam Dong announced a plan to open a Continuously Transposed Cable and Winding Wire facility in Europe to accommodate its European customer needs and to maximize the utilization of its business resources and manufacturing capabilities.

Sam Dong has been supplying highly technological Continuously Transposed Cable products to European customers for more than twenty years. Sam Dong has built a solid reputation for quality and service and has been continuously encouraged to establish a local manufacturing presence to provide Just-in-Time service to the European market and to actively develop leading edge technologies and strategies with those customers.

Sam Dong will shutter our facility in Waynesboro, GA, USA as of December 31 and the business resources will be relocated to the new European facility and Tennessee facility where it will be more effectively utilized.

The new facility will be approximately 11,000 square meters with provision for future expansion. Some approvals are still pending but targeted completion date for the first phase is early 2018. This new project will be driven to success by all Sam Dong operations by applying our collective proven know-how and technologies developed in global Continuously Transposed Cable and Winding Wire business.

We are proud to be entering into this new project which will be an addition to our existing entities in Korea, North America and Malaysia.

 

President and CEO

Ee Joo Lee

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