TWINSBURG, OH, 9 May 2023 /Business Wire/ — Hana RFID, the IC-Independent RFID Inlay and Tire Tag Provider, is expanding its RAIN RFID Inlay production by nearly 250% in the next 12 months while exploring new and additional locations in Europe and Asia.
With three state-of-the-art factories located in the United States, China, and Thailand, capable of producing over 4B units by mid-2024, Hana RFID is committed to its significant growth plans to support emerging market demand from its valued customer base, providing global sales and manufacturing capabilities.
Mike Hetrick, SVP of Sales & Marketing at Hana RFID, on the company’s growth strategy:
“Our goal is to provide a global platform for our partners and customers to leverage the serviceability of their products in a timely and cost-effective manner. Producing locally on multiple continents is a key part of that strategy.”
John Erdmann, CEO of Hana Technologies Inc., on Hana’s global approach and local presence:
“As one of the pioneers in the RFID industry, we have been providing high-quality inlays for Retail, Automotive, Aviation, Manufacturing, Governmental, Logistics, and a variety of other industries for over 20 years. The expansion of our current manufacturing operations is just a first step. By exploring other continents and updated facilities, Hana seeks to support its worldwide customers locally, improving our reaction times and value to our customers. All while focusing on sustainability projects to lower our overall impact on the environment.
About Hana RFID
Hana RFID – an IC-Independent RAIN RFID Inlay and Tire Tag Manufacturer – is a business unit of Hana Technologies Inc., and part of the HANA Microelectronics Group, with a combined manufacturing space of over 1,000,000 square feet and yearly revenue of $775M. The HANA Group includes over 10,000 employees worldwide. www.hanarfid.com