May 17 2022, 03:53 PM
QUOTE(pfizer @ May 17 2022, 03:50 PM)
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.
Nice.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.
ADVERTISING
“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.
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
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