Franke expands Asian operations
Franke, the kitchen equipment manufacturer based in canton Aargau, is expanding its operations in Asia.
The company is doubling capacity at its Chinese production site in Heshan City and is also opening a new factory in the Philippines.
In a statement issued on Wednesday, the group said it would invest around SFr12.1 million ($7.5 million) in the Heshan City site. The number of employees will rise from 150 to 235.
Heshan Kitchen Equipment produces kitchens for use by fast food chains.
A similar operation will open in March at Makati in the Philippines. Set-up costs have been put at SFr3 million.
The company statement said that the strong growth in demand in the region had made expansion necessary.
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