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TPV to expand Gorzow plant


2010-11-23



TPV Displays, the global maker of LCD TVs and monitors, has completed administrative procedures related to the planned construction of a third production & warehousing hall at its manufacturing complex in Gorzow Wielkopolski (Lubuskie voivodship), wnp.pl reported. The new structure will have 40,000 m2 of space, and its erection will significantly expand existing capacity at the plant.

In July Puls Biznesu reported that TPV had applied for a state-aid grant to help finance a new investment project in Gorzow, and that the application put the value of the investment at PLN 56m (approx. €14.2m) and the number of new jobs to be created at 2,000. The investment is probably connected with the plans of BriVictory Display Technology, a joint venture of TPV and AU Optronics, to produce modules for LCD TVs at TPV’s Gorzow plant.

TPV is also reportedly planning to buy more land in Gorzow to set up a technology park, where its suppliers could locate production.



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