US-based Advanced Energy Starts Manufacturing Operations in Penang

Mar 2020

Advanced Energy Industries, a US-based global leader in the design and Manufacturing of power conversion, measurement and control solutions has started the commercial operations of its newest  Manufacturing facility in Penang state, Malaysia.

The 178,000 square-foot facility will manufacture a variety of its precision power supplies and generator products. Once the factory is ready for production, it is expected to employ approximately 550 on-site associates inclusive of key roles in operations, electronics Manufacturing, test engineering and new product introduction, with an estimated 35 percent comprised of technical staff.

Advanced Energy Industries is also looking to expand in the South East Asia region to meet the region’s growing demand in technology production. The new facility in Penang is expected to enable the company to not only get physically closer to many of its customers in the region but also provide greater business continuity and redundancy.

(Sources: Advanced Energy; Business Insider)