Daktronics expands China manufacturing capacity with new 355,000-square-foot facility
DAKT•Daktronics is moving to a 355,000-square-foot leased facility in China and expects its production realignment across the U.S., China and Mexico to cost about $1 million and generate about $7 million in annualized net savings when fully implemented.
1. Manufacturing realignment
Daktronics is expanding manufacturing capacity in China by moving to a new 355,000-square-foot leased facility for automatable production. Its new Mexico facility recently completed its first production run. The production realignment across U.S., Chinese and Mexican operations is expected to cost approximately $1 million and generate approximately $7 million in annualized net savings when fully implemented.
