Marmon Fastener Company, a unit of Berkshire Hathaway’s Marmon Holdings, now leases a ready-built factory at BW Nhon Trach 1 Industrial Park in Dong Nai Province, establishing its first production base in Vietnam. The 6,090 sq m facility supports Marmon’s plan to manufacture fasteners—specifically screws and related products—for the North American market, strengthening supply chain resilience while keeping a strong U.S. focus.
The company worked with Savills Vietnam’s Industrial Services team and landlord BW Industrial Development JSC to secure the site. President Steve Semmler said Marmon partnered with Savills for more than two years to identify the right facility and chose BW Nhon Trach 1 because leasing a ready-built factory lets the company accelerate market entry while it evaluates long-term options.
BW Industrial CEO Lance Li explained that leasing can cut ramp-up time to roughly six to nine months, giving global manufacturers speed and flexibility before they commit to a build-to-suit facility. Marmon views the Vietnam plant as a strategic production hub rather than a simple export base, leveraging Dong Nai’s skilled labor, competitive costs, stable growth and strong industrial infrastructure to build a more flexible and cost-effective global supply chain that aligns with Berkshire Hathaway’s broader manufacturing portfolio.