SEBERANG PERAI, April 19 — Switzerland-based electrical measurement firm LEM Holding SA formally opened its first manufacturing plant in Penang at the moment.
The RM79 million high-tech plant, situated in Penang Science Park right here, covers an space of 11,800 sq. metres.
LEM Malaysia can be the pilot for the roll-out of the producer’s new ERP system.
Even because it unveiled its new facility at the moment with about 70 in its workforce presently, LEM has plans to proceed increasing its facility after buying a further 5,000 sq metres of land.
Penang chief minister Chow Kon Yeow (4th from left) on the official opening of LEM Malaysia. — Picture by Opalyn Mok
LEM chief government officer Frank Rehfeld mentioned the corporate will proceed to take a position in its amenities to fabricate world-leading merchandise for the quickly growing markets.
“With the quick progress in automation and renewable vitality manufacturing, we will anticipate to begin our growth plans for this facility in 2026 or 2027,” he mentioned throughout a press convention after the official opening of the plant right here.
He mentioned the corporate determined to purchase lands and arrange its plant in Penang attributable to a long-term plan to proceed its operations right here as an alternative of renting areas in different international locations.
Earlier, when officiating the opening ceremony, Penang Chief Minister Chow Kon Yeow mentioned that is LEM’s first manufacturing plant in Malaysia.
He mentioned LEM, established in 1972 in Geneva, is a worldwide chief in offering revolutionary options for measuring electrical parameters.
“LEM’s enterprise right here is anticipated to create 500 job alternatives in the manufacturing of superior present sensors and semiconductor present sensors, often called built-in present sensors,” he mentioned.
He mentioned LEM’s presence in Penang is not going to solely contribute to the state’s financial system but in addition stimulate innovation, promote data switch and elevate the work abilities of the workforce.
