Volex: Shifting of China work
Volex Group plc is moving production of some power cords and electrical cables to a new, 82,000-square-foot plant in Zhongshan. The England-based company is shifting the work from the smaller of its two plants in Shenzhen, China. Its’ Singapore-based subsidiary, Volex (Asia) Pte. Ltd., said the move will capitalize on rapid growth in the telecommunications sector in the area near Hong Kong.