By the end of this year, An Cuong’s new factory will officially commence operations, boosting the total production capacity to 10 million square meters of flooring per year. The new factory is part of An Cuong’s strategy to expand its business and diversify its product range to meet the increasing market demand.
An Cuong High-Tech Building Materials JSC (An Cuong Building Materials) – a member of An Phat Holdings, has announced its plan to build a new factory in Hai Duong province to meet the upcoming production expansion needs. With a total area of 24,000 square meters, this factory is expected to officially start operations in November 2024. Once operational, the new factory project will help An Cuong increase its total capacity to 10 million square meters of flooring per year, a significant rise from the current 3 million square meters.
Speaking about the new project, a company representative stated, “This is an important step for An Cuong to expand its production scale to meet the growing market demand, while also helping An Cuong conquer more customers in major and demanding markets like the US and Europe.”
An Cuong’s new factory is equipped with advanced technology, featuring state-of-the-art production lines and equipment imported from the top developed countries. With a closed production process and synchronized machinery system, An Cuong is confident in providing customers with a diverse range of products, superior quality, and competitive prices that meet market trends. This investment not only strengthens An Cuong’s position as a leading manufacturer of high-tech and eco-friendly flooring in Vietnam but also helps the company expand its influence in the international market, best meeting the diverse needs of global customers.
In addition to focusing on increasing production capacity, An Cuong also emphasizes expanding its product portfolio by launching new product lines such as LVT Glue Down flooring and diversifying the designs and sizes of its main product line – SPC flooring. Accordingly, the length of An Cuong’s new generation SPC flooring is up to 1.86 meters, offering a wide range of choices for customers, suitable for various needs and spaces.
As for LVT flooring, after a long period of research and development, An Cuong officially launched this new product line in mid-year.
In the context of SPC flooring becoming increasingly popular in the global market, especially in the US – one of An Cuong’s key markets, SPC flooring sales are growing rapidly and gradually replacing traditional flooring types due to its many advantages such as easy installation, high durability, affordable price, and waterproofing. Therefore, An Cuong’s strategy to expand production and diversify products is a completely correct step to leverage the significant growth potential of this industry.
