06 October 2025
Marmon Fastener Company, a unit of Marmon Holdings, a Berkshire Hathaway Company, has signed a lease for a 6,089.88 sqm ready-built factory at BW Nhon Trach 1 Industrial Park, Dong Nai, Viet Nam, with Savills Vietnam serving as the advisor.
As a global leader in fastening and assembly solutions, Marmon Fastener Co. supplies critical fastening solutions primarily to the residential construction industry in North America. Its expansion into Viet Nam marks a strategic move to strengthen its production base and improve supply chain efficiency, while maintaining a strong focus on the North American market.
By establishing production in Viet Nam, Marmon aims to leverage the country’s skilled workforce, stable economic growth, and cost advantages to build a more resilient and flexible global supply chain.
Steve Semmler, President – Marmon Fastener Co., shared: “We have worked with the Savills Industrial Services Group for over two years to locate a suitable facility for the manufacture of fastening products for our markets in North America. We are truly thankful to the diligence and patience demonstrated by Chi Phan – Manager Industrial Services at Savills for her efforts in assisting Marmon during this process to locate in Dong Nai.”
“There’s no one-size-fits-all solution, but to access the market quickly and efficiently, leasing is by far the most practical option. Leasing a ready-built facility typically gets you up and running in six to nine months, which is why many global supply chain players choose this route.
Leasing first gives you flexibility, faster execution, and the chance to truly understand the market before making long-term commitments.” – Lance Li, CEO, BW Industrial.
“Viet Nam continues to demonstrate strong appeal as a manufacturing and investment destination for leading global corporations. The successful lease with Marmon Fastener Company reflects the confidence of U.S. investors in Viet Nam’s stable growth, competitive workforce, and strategic location in Asia’s supply chain. We are proud to support this partnership, which further underscores Viet Nam’s role as a key hub for high-quality foreign direct investment.” — Phan Cuu Chi, Manager of Industrial Services, Savills Vietnam.
As Viet Nam welcomes more world-class corporations, its industrial market is increasingly becoming a cornerstone of supply chain diversification, particularly for American and European investors seeking resilience in Asia.
