Chinese electronics manufacturer Leyard, which manufactures LED products including displays and lighting, announces that it is expanding its investment in Europe with a new plant near Prešov, Slovakia.

The 33,500-square-foot building, slated for completion in early 2017, will enable Leyard to meet the growing demand for its digital displays and video walls from European customers, especially those who prefer to purchase equipment made within the European Union. The new factory will supplement Leyard's existing facilities in Albi, France; Shenzhen and Beijing, China; and Beaverton, Oregon.

“Europe is a critical market for us as we expand our global presence,”says Robert Stewart, executive director of Leyard Europe.“The new factory will bring us even closer to our European, Russian, Middle Eastern and African customers while enabling us to extend high quality manufacturing into a key region of the world.”

The city of Prešov is a growing hub for high-tech manufacturing and Slovakia has been a member of the EU since 2004, currently holding the position of the presidency of the Council of the EU.