Ferrotec opens semiconductor equipment plant in Malaysia
US magnetic liquid specialist Ferrotec has started production from its new manufacturing facility at Kulim Hi-Tech Park, Kedah.
The Malaysian plant will focus on electromechanical assembly and advanced material fabrication for semiconductor equipment. Ferrotec believes the factory will help it to expand its distribution into new international markets.
The opening ceremony was attended by members of the Malaysian Investment Development Authority, which was instrumental in the creation of the facility. The Malaysian government is targeting the semiconductor sector as part of its New Industrial Master Plan (NIMP) 2030 to foster industrial development.
Takeru Yamamura, CEO of Ferrotec Manufacturing Malaysia, said: "This state-of-the-art production facility has been strategically designed to meet the growing demand for our products and services in the dynamic Asian market. As Ferrotec's first manufacturing location in South-East Asia, the Kedah plant integrates the culmination of 44 years of engineering expertise gathered from our operations in the US, EU, China, and Japan."
Lim Bee Vian, Deputy CEO (Investment Development), MIDA, said: "By choosing Malaysia, Ferrotec positions itself to leverage untapped opportunities, foster innovation, and contribute substantially to the ever-evolving semiconductor landscape in our region. We will continue to partner with leading companies to anchor high value-added manufacturing, adopt advanced manufacturing technologies and equip our people with the requisite skillsets."