Global Advanced Materials Firm Launches USD 177 Million Plant in Kedah, Malaysia

Feb 2024

Ferrotec Holdings Corporation, a prominent global supplier of materials and precision system solutions based in Japan, has unveiled its latest manufacturing facility at Kulim Hi-Tech Park in Kedah, Malaysia. The facility specializes in electromechanical assembly and advanced material fabrication for semiconductor equipment, strategically positioned to fulfill customer demands and propel the Group’s worldwide expansion initiatives.

Takeru Yamamura, Vice President of Ferrotec Holdings Corporation and CEO of Ferrotec Manufacturing Malaysia Sdn. Bhd., highlighted the importance of the inauguration. He emphasized that the facility’s design is strategic, aiming to meet the rising demand for Ferrotec’s products and services in Asia. As Ferrotec’s first manufacturing site in Southeast Asia, the Kedah plant incorporates over four decades of engineering expertise from global operations, solidifying Ferrotec’s position in the semiconductor industry worldwide. With an investment of approximately MYR 850 million (USD 177 million), the factory spans over 800,000 square feet of manufacturing and office space, expected to provide employment for over 800 local people.

The Kedah state government underscored the region’s appeal as an investment hub, citing its strategic location, skilled workforce, and conducive business environment. Aligned with the State Development Plan 2035 (KEDAH2035) and the Malaysian Government New Industrial Master Plan (NIMP) 2030, Kedah offers initiatives like the E10 express construction permit to facilitate investor endeavors, solidifying its status as a premier destination for manufacturing ventures. The NIMP 2030, focused on mission-based projects, aims to propel industrial growth by leveraging Malaysia’s strengths in key sectors such as electrical and electronics, machinery and equipment, and chemicals.

(Sources: The Edge Malaysia; PR News Wire)

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