Flex Ltd. FLEX is broadening its European footprint to satisfy the increasing energy needs of AI-powered information centers.
On Tuesday, the business’s Anord Mardix department opened a 600,000-square-foot production center in Bielsko-Biała, Poland, doubling its important power production capability in Europe. The relocation supports Flex’s long-lasting technique to scale facilities for expert system work.
The Poland plant follows a current capability increase in Dundalk, Ireland, where a 2nd center– called “D2”– included 120,000 square feet to put together switchgear systems. These growths belong to Flex’s more comprehensive effort to satisfy rising need for steady and scalable information center power options throughout Europe.
Flex is likewise scaling operations in the U.S. with a brand-new production and assembly website in Dallas, Texas. To even more boost its information center item portfolio, it has actually obtained Crown Technical Systems, a power circulation professional, and JetCool Technologies, a liquid cooling company.
The Bielsko-Biała center, which uses more than 700 employees, will produce Low and Medium Voltage Switchgear, PowerPods, and Busway systems. These items are created to speed up and improve information center implementation from the electrical grid to the processor chip.
Chris Butler, president of Embedded and Vital Power at Flex, stated the business’s European growth highlights its dedication to providing innovative facilities for the AI period. Flex runs over 30 production places throughout EMEA and keeps more than 11 million square feet of local capability in Europe.
Recently, Flex exceeded Wall Street expectations for its fourth-quarter outcomes, publishing $0.73 in adjusted EPS and $6.4 billion in income. CEO Revathi Advaithi stressed record running margins and noted it was Flex’s 5th successive year of double-digit incomes development.
Cost Action: FLEX shares were trading greater by 2.23% at $41.79 at the last examine Tuesday.
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