The new facility is part of an initiative to double production capacity and reduce lead time
Pandora has opened a new production facility in Lamphun in northern Thailand.
The facility will start production in the beginning of 2017 and will eventually employee 5,000 people.
“The site in Lamphun is the first of our recent initiatives to go live, but we are continuously expanding our production capacity,” said Thomas Touborg, senior vice president, group operations, in a statement. “With these initiatives we will be able to potentially double our total production capacity compared to 2015 to more than 200 million pieces a year by the end of 2019, and we aim to reduce lead time from raw material to jewelry delivered by around 50 percent.”
Other initiatives include optimizing existing crafting facilities and building a new crafting facility in Gemopolis in Bangkok.