We are delighted to celebrate the establishment of LaFrance Corp’s presence in Vietnam. At the company’s official opening ceremony, at their new facility in Vietnam’s Tay Ninh Province, our team had the pleasure of congratulating the LaFrance team on this important milestone.
Mr. McDonnell Derek Aiden, President & COO of LaFrance Corp, Mr. Herseim Richard Meek, Vice President of Operations, LaFrance China & Vietnam, and Mr. Lim Chiew Liang, Manufacturing Director, LaFrance China & Vietnam with Tam Nguyen (Senior Manager, Business Advisory Services), Mia Pham (Senior Manager, Corporate Accounting), accompanied by Thao Dang and Tuyen Mai from our Corporate Accounting unit.
Founded in 1946, LaFrance Corp is a U.S.-based manufacturer headquartered in Concordville, Pennsylvania, and a leading designer of decorative branding solutions. With decades of experience, the company has built enduring partnerships with global brands across industries such as automotive, consumer electronics, appliances, and industrial equipment. Renowned for its innovation in materials and finishes, LaFrance’s products help companies worldwide elevate their branding through precision-engineered identification solutions.
As part of its strategy to expand its global footprint and strengthen supply chain resilience, LaFrance has invested >USD 4 million to establish a new manufacturing facility in Tay Ninh Province. The new factory can manufacture and process >20 million metal nameplates, brand names, and symbols annually, along with >40 million plastic, PVC, silicon, and other material-based nameplates, brand names, symbols, and branding components per year and is set to enhance LaFrance’s ability to serve customers in Asia while supporting its broader international operations.
Our multidisciplinary team at Dezan Shira & Associates provided end-to-end advisory and implementation support – beginning with market selection and cross-country benchmarking, followed by location analysis, site identification and recommendation in Vietnam, and business partner introductions. We then supported the review and finalization of the lease agreement, along with licensing registrations and post-licensing procedures.
We sincerely thank the LaFrance team for their trust and partnership, and we look forward to many years of successful operations in Vietnam.
