Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Flex Accelerates Global Power Infrastructure With Polish Expansion

Author: Akanksha Bakshi | May 13, 2025 11:11am

Flex Ltd. (NASDAQ:FLEX) is expanding its European footprint to meet the rising energy demands of AI-powered data centers.

On Tuesday, the company's Anord Mardix division opened a 600,000-square-foot manufacturing facility in Bielsko-Biała, Poland, doubling its critical power production capacity in Europe. The move supports Flex's long-term strategy to scale infrastructure for artificial intelligence workloads.

The Poland plant follows a recent capacity boost in Dundalk, Ireland, where a second facility—known as "D2"—added 120,000 square feet to assemble switchgear systems. These expansions are part of Flex's broader effort to meet surging demand for stable and scalable data center power solutions across Europe.

Flex is also scaling operations in the U.S. with a new manufacturing and assembly site in Dallas, Texas. To further enhance its data center product portfolio, it has acquired Crown Technical Systems, a power distribution specialist, and JetCool Technologies, a liquid cooling firm.

The Bielsko-Biała facility, which employs more than 700 workers, will produce Low and Medium Voltage Switchgear, PowerPods, and Busway systems. These products are designed to accelerate and streamline data center deployment from the electrical grid to the processor chip.

Chris Butler, president of Embedded and Critical Power at Flex, said the company’s European expansion highlights its commitment to delivering advanced infrastructure for the AI era. Flex operates over 30 manufacturing locations across EMEA and maintains more than 11 million square feet of regional capacity in Europe.

Last week, Flex surpassed Wall Street expectations for its fourth-quarter results, posting $0.73 in adjusted EPS and $6.4 billion in revenue. CEO Revathi Advaithi emphasized record operating margins and noted it was Flex's fifth consecutive year of double-digit earnings growth..

Price Action: FLEX shares were trading higher by 2.23% at $41.79 at the last check on Tuesday.

Photo: Shutterstock

Posted In: ETN FLEX ROBT VPN VRT

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist