Ferrotec opens second high-tech plant in Kulim with RM1bil investment

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KUALA LUMPUR: Ferrotec Holdings Corporation, a global supplier of materials, components and precision system solutions, has launched its second high-tech manufacturing facility in Kulim, Kedah, with an investment of nearly RM1 billion (US$226 million).

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"We look forward to even greater collaboration as Malaysia advances its New Industrial Master Plan (NIMP) 2030 and fosters innovation-driven, sustainable growth," he said in a statement.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News Ground Breaking Ferrotec Holdings Corporation MIDA Facility /Business/Business News Kulim

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 11:04:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © The Star

News ID: 28163509

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