The plant was put into operation in 2017 on an area of 2,800 square meters. The factory specializes in manufacturing and trading air-conditioners (AC), and AC components, e.g. gas pipes, water tanks, condenser kits for trucks, buses and passenger cars. Its annual output is around 150,000 products per year. Over the years, the products have received high appreciation from partners thanks for their good quality, diversity in types and designs, and the ability to meet strict demands from domestic and exporting markets.

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The factory is housing a system of modern production lines with machines and equipment imported from South Korea such as heating welding equipment, water tank assembly machines, aluminum foil forming machines, CNC pipe bending machines, automatic welding machines and more.

With a closed production line system and quality control at each stage in line with the quality management IATF 16949:2016 standards, environmental management ISO 14001:2015 standards, the factory has manufactured and supplied AC condenser kits for more than 30 reputed car manufacturers in the world.

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In 2023, the factory expects to supply 9,350 sets of air conditioners for trucks and buses, nearly 11,000 sets of air-conditioner components for Kia passenger cars in Vietnam and export more than 50,000 sets of condenser kits to South Korea. Accordingly, the total revenue for the year is expected to reach more than VND200 billion, including $2 million from exports.

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In the coming time, THACO AC Plant is committed to its R&D activities, learning and development, and recruiting experienced R&D experts in automotive air conditioners and components. It also spends time buying and upgrading technology and design software to develop and diversify the portfolio, increase production and business efficiency, and meet the increasing demands of the market.