Avery Dennison continually finds areas of investment that expand our horizons and bring us closer to our customers. To better support their needs, our Vietnam team has recently opened a new distribution center in Bac Ninh, a province on the east side of the capital, Hanoi. This investment in our capability is expected to strengthen our presence in the region, improve service and delivery, and satisfy increasing demands. It will also help alleviate the workload previously covered by the only site located in Ho Chi Minh city.
The 2,000sqm site has been operating since August to meet urgent requests, but the official opening ceremony just took place. More than 70 people attended, mostly from converters and end users in the Durables segment, as Vietnam steadily grows as one of the most strategic bases in the electronics industry. The opening speech was delivered by Anil Sharma, VP/GM, SAPSSA, followed by messages from several other key members, a review of our company history in addition to our vast innovation, CSR and sustainability activities, and a tour of the center. The event included artistic performances and concluded with a gala dinner.