TP-Link, Global Manufacturer of Networking Products, Announces Investment for New Factory in Santa Catarina, Expected to Create 500 Job Openings

Written by Ruth Rodrigues

Published on 02/02/2024 at 15:52

Updated on 02/02/2024 at 15:54

Fonte: Wikipédia

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TP-Link Plans to Install a New Factory in Santa Catarina in Partnership with the State Government. The Aim Is to Generate Job Openings, Revenue, and Economic Development in the Region, as Well as Strengthen the Company’s Presence in the Brazilian Market.

The internet device company TP-Link announced the installation of a new factory in Santa Catarina, reinforcing its presence in the Brazilian market. The partnership with the state government for the investment aims to generate around 500 job openings locally and achieve an estimated revenue of R$ 400 million in the first year of operations. Focusing on inventory management of products, including routers and security cameras, TP-Link is seeking to strengthen its position in the regional market with the new factory while the government emphasizes its commitment to investments in job creation.

New TP-Link Factory to Be Installed in Santa Catarina in Partnership with the State Government

The global giant in internet devices, TP-Link, is taking a strategic step by announcing a new factory in Santa Catarina.

The memorandum of understanding recently signed with the state government for the investment aims not only to reinforce TP-Link’s presence in Brazil but also to generate around 500 new job openings in the region.

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TP-Link is projecting an initial estimated revenue of R$ 400 million in the first year of operations of the new factory.

This investment is expected to significantly contribute to the economic development of Santa Catarina.

The new TP-Link facility will focus primarily on inventory management, covering a wide range of products, including routers, security cameras, and home automation systems (SmartHome).

Thus, the company consolidates its presence in the Brazilian market, offering a variety of products that meet the growing demands of consumers.

TP-Link Channels Investments for Market Growth in Brazil

With 27 years of history, TP-Link is a global leader with 44 factories in Asia, distributing devices to 170 countries.

The company accounts for a large share of the European and U.S. markets, having sold over 1.8 billion products.

In Brazil, where it already has a distribution center in the state of São Paulo, the company aims to expand its presence with the installation of the new factory in Santa Catarina.

Thus, by signing the memorandum of understanding, Governor Jorginho Mello reinforced the government’s commitment to attracting investments to Santa Catarina, aiming for income generation, taxes, and, primarily, jobs for the state’s residents.

The global vice president of TP-Link, Ruihong Bai, expressed gratitude for the support from the state government in the new factory project.

Now, the company is preparing to proceed with the necessary investments for the implementation of the new venture.

Source: ND+

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TP-Link, Global Manufacturer of Networking Products, Announces Investment for New Factory in Santa Catarina, Expected to Create 500 Job Openings

TP-Link Plans to Install a New Factory in Santa Catarina in Partnership with the State Government. The Aim Is to Generate Job Openings, Revenue, and Economic Development in the Region, as Well as Strengthen the Company’s Presence in the Brazilian Market.

New TP-Link Factory to Be Installed in Santa Catarina in Partnership with the State Government

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

TP-Link Channels Investments for Market Growth in Brazil

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TP-Link, Global Manufacturer of Networking Products, Announces Investment for New Factory in Santa Catarina, Expected to Create 500 Job Openings

TP-Link Plans to Install a New Factory in Santa Catarina in Partnership with the State Government. The Aim Is to Generate Job Openings, Revenue, and Economic Development in the Region, as Well as Strengthen the Company’s Presence in the Brazilian Market.

New TP-Link Factory to Be Installed in Santa Catarina in Partnership with the State Government

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

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