Ferrotec is a global supplier of materials, components and precision systems, and a worldwide leader in quartz material fabrication for the semiconductor industry.

SAN FRANCISCO: Ferrotec (USA) Corporation is to invest more than RM500 million on its first manufacturing facility in Southeast Asia.

Construction of the 800,000 sq ft manufacturing plant at Kulim Hi-Tech Park is expected to begin in the next few weeks.


International trade and industry minister Azmin Ali said Ferrotec is a global supplier of materials, components and precision systems, and a worldwide leader in quartz material fabrication for the semiconductor industry.

He said the company will provide between 250 and 500 high-skilled jobs for Malaysians.

“It is also committed to assisting small and medium enterprises (SMEs) in Malaysia build the supply chain and ecosystem in the semiconductor industry.


“The company wants to see Malaysia continue to advance in new technologies by involving local companies, especially SMEs,” he told Bernama and TV3 after meeting with Ferrotec chief executive officer Eiji Miyanaga here today.

Miyanaga said the company had nearly 40 factories globally, and the facility in Malaysia will be its first large platform manufacturing site outside of Japan, China and the US.

“We chose Malaysia because Southeast Asia, including Malaysia, has become a focal point in the supply chain for the industry. We feel compelled to invest in Southeast Asia,” he said.


He said its goal is to let the facility to be eventually operated by Malaysians.

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“At the initial stage, we will bring in expats for a short period of time to transfer technology and train the local work force,” he said.

Azmin also met with leading US solar tracker company Nextracker Inc chief operating officer and co-founder Marco Miller.

Azmin said Nextracker would strive to enhance products from Malaysia to penetrate not only the US market, but also globally.


Miller said the company is doing US$100 million worth of business with two Malaysian companies, and is planning to expand the business in the coming years and make Malaysia a key manufacturing partner.

“We chose Malaysia for its geographical location and dedicated highly-skilled workforce, which manufactures our high-tech products.”

He said Nextracker is expected to see its Malaysian partners double the workforce from the current 400 employees in the near future to cater to its growing business.

Cukur Kedah develop very fast.

Later the factory flooding how?
Or kena hentam by balak, how?

Nice.
First VAT and Lam Research, now Ferrotec. This genuinely is good news for our manufacturing industry.

I still won't vote for Azmin, but good news is good news

Lately got so many investment in Kulim hitech

Wouldn't be so high skilled. Hard to convince more educated engineers to relocate to Kedah.

fake news
no company would want invest in malaysia according to k
must be paid

songlap how much ?????

I guess european and us oeople like our samseng MB...
I scared la he gonna be our MB again after GE

This post has been edited by Bendot: May 17 2022, 03:56 PM

probably this industry require plenty of water....

500 mil only no need to report.

Can say that to Shah Alam people too

why ? is it because scared Kedah under Pas ?

Can stay in Penang and commute to mainland. Throw enough money sure got some will go.

New jobbbbbbbsss...good good

0.5 pulak

Hasil titik peluh DSIS ke USA

What new airport le

Good news is good news.

Any good news is good news

Uncle Sam ke arah kuasa dunia

malaysia ke arah kuasa besar semicon

A lot of people here still don't understand the significance of this type of investment. This is not the low margin assembly and test type of subcon for microchips, but related to equipment manufacturing for fab equipment. Means in the semiconductor wars we can build guns to sell to both sides ..

From internal gossips...there will be...

500 million...meh
0.5 billion....wow, good job, terbaaik...

amazing!

nasib bukan tempat buang sampah radioaktif....

mungkin belum lagi......

500mil probably some low tech packaging facility la.

semicon fabs mana ada 500mil foundry 1

cukur max pay 1.5k manyak lumayan

high skill jobs with low pay

This post has been edited by Avex: May 17 2022, 04:37 PM

syukur BN built the kulim hightech

Fuiuyyyoook

Sapu je lah…beggars cant be choosers yo

Thanks to... Azmin?

Kedah MB gave up his plan to plant Ketum to export

Malaysians if the pay is right will take jobs in Africa and the Middle East (not the glamorous parts yeah). Kedah under the most PAS of PAS is nothing. Just don't sabo the investment, ppl will come if the pay is right

500 mil usd probably. but 125 mil usd? lol just some low tech semi components. forrectec to begin with is alr a low tech semiconductor equipment producer. the high tech ines are asml , lam research etc

Jap, ada tak 51% as per claimed by ktards here????

Who to call eh to verify? Oh yeahhh.. bro ZeaXG and bro treblecase, agak agak lah, berapa percent ore kito dapat eh from this investment? 51% confirm dapat kan?

This post has been edited by maherzarith: May 17 2022, 05:15 PM

lel
10years tax exemption?
20years tax exemption?
or 50years tax exemption?
or LMW license?????

No more tax exemption or dwindling sales or other countries offer better tax incentives, closedown lor

Wow tahniah kedah.

Kulim hitech has always been the central for semiconductor hub in the northern region.

good news ; more job opportunity

Many kedahan like him wor. Memang confirm will be MB again.

Not a lot but looking at the state of where our country is right now, got what also just take bah. Hope we dont end up like Sri Lanka one day!

PuAS sangat puas hati

Penang ada PuAS?

My circle of friends always ridicule him...hopefully pas win a small number of seats...then he can say good bye to the mb position. Scared also mahathir khalid get to be mb....if umno people, dato othman is ok. Very low profile and not wealth accumulator like the rest

How many jobs created?

If the pay is high, even engineer as far as johor probably moved to kedah