Keenfinity EMS (the home to Bosch, Electro-Voice, Dynacord, RTS) is expanding its plant in Ovar, Portugal to pursue new market opportunities.
EMS aims to double the plant’s sales volume in the next five years and to create highly skilled jobs, increasing the workforce beyond the current 1,100 employees.
“This new infrastructure in Ovar is a prerequisite for growing our Research & Development activities and operations through 2030,” said António Pereira, plant manager of Keenfinity Ovar. “Collaboration between technology companies and regional universities supported by government-backed projects accelerates innovation and drives economic growth in the region.”
Keenfinity’s Ovar plant provides end-to-end electronics manufacturing services, the new 3,800 m² production area - equivalent to 14 tennis courts - expands the plant’s footprint to accommodate additional Research & Development (R&D) and operations to address various industries.
“The expansion of the plant in Portugal demonstrates Keenfinity’s commitment to growth and value creation in electronics innovation and production,” said Peter Loeffler, CEO of Keenfinity Group. “We are strengthening electronic manufacturing capabilities in Europe and providing customers worldwide the agility they need to scale their production in fast-changing market environments.”
As a cornerstone of its growth strategy, Keenfinity EMS, will strengthen its core capabilities in design, engineering, and software development.