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A global leader in test and measurement solutions has made a significant investment in expanding its international footprint by establishing its first overseas manufacturing facility and R&D centre in Penang, Malaysia. The company’s instruments are known for their high cost-performance ratio and innovative technology, which are widely utilised across sectors such as education, research, industrial manufacturing, and communications.
With an investment of over RM100 million (about US$ 21.5 million), this facility represents a milestone for both Malaysia and the company, solidifying Malaysia’s position as a high-tech manufacturing hub and marking a crucial advancement in the company’s global expansion strategy to elevate its production capabilities and service offerings for its international clientele.
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), welcomed the investment, stressing that this strategic expansion is a significant boost for Malaysia’s manufacturing sector.
He said that the establishment of the company’s first manufacturing plant outside of China in Malaysia is a testament to the country’s attractiveness as a destination for high-tech investments. Datuk Shamsul acknowledged that this development aligns with Malaysia’s New Industrial Master Plan (NIMP) 2030, which aims to drive innovation and growth in the electrical and electronics (E&E) sector.
He reconfirmed that MIDA is fully committed to facilitating developments like this, which elevate Malaysia’s manufacturing capabilities and position the country as a key player in the global high-tech ecosystem.
Dato’ Loo Lee Lian, Chief Executive Officer of InvestPenang, pointed out that Penang, often referred to as the Silicon Valley of the East, has over 50 years of industrial experience. This makes the state a natural hub for industry players in the E&E sector.
She expressed confidence that the company will benefit from Penang’s established infrastructure, skilled workforce, and strategic location, which have consistently attracted leading global companies to the region. This environment would enable the company to continue upholding its mission of enabling technology exploration and empowering possibilities.
The newly established subsidiary is set to be a cornerstone of the company’s operations outside of China, underscoring the company’s commitment to innovation, customer service, and the development of high-quality test and measurement instruments.
The investment is being rolled out in two phases. The first phase, which has already commenced, involves the establishment of multiple production lines dedicated to the manufacture of electronic test and measurement instruments.
The second phase of the project will focus on expanding the facility’s capabilities by adding more production lines and establishing a state-of-the-art R&D centre. This advanced research facility will be dedicated to pushing the boundaries of technology in the test and measurement industry, ensuring that the company remains at the forefront of innovation.
Additionally, a comprehensive overseas service centre will be developed to support the company’s growing international customer base, ensuring that the company can provide agile and responsive service in a rapidly evolving market.
The Chief Executive Officer of the company described the establishment of the Penang facility as a critical step in the company’s global expansion. He stressed that the new facility not only enhances production and service capabilities but also underscores the company’s dedication to fostering innovation and supporting its international customers.
By creating 150 job opportunities in Penang, the company aims to nurture a new generation of professionals in the field of test and measurement solutions, further contributing to the local economy and the industry’s growth.
As the nation continues to build on its legacy of innovation and excellence, this expansion of the company into Malaysia represents a strategic move to strengthen its global standing, ensuring that the nation remains a leader in the highly competitive test and measurement industry.
