KULIM: Ferrotec Group has further strengthened its manufacturing footprint in Malaysia with the opening of Ferrotec Manufacturing Malaysia’s Plant 2 in Padang Meha, Kulim.

In a statement yesterday, the company said this marks another significant milestone in the group’s expansion in Southeast Asia and its continued commitment to Malaysia’s semiconductor and advanced manufacturing ecosystem.

It added that Malaysia remains an important part of their Southeast Asian growth strategy, supported by growing semiconductor demand, established semiconductor ecosystem and the performance of the group’s existing operations in the country.

Ferrotec’s first manufacturing facility in Kulim involved an initial investment of more than RM900 million and commenced operations in January 2024. The company subsequently committed a further RM1 billion to its expansion in Kulim, bringing the cumulative investment for the two Kulim plants to approximately RM1.9 billion.