fbpx

ELNA PCB expands operations in Penang with new facility

Property News/ 10 September 2024 Leave a comment

elna-penang

ELNA PCB (M) Sdn Bhd, a subsidiary of Global Brands Manufacture under the PSA Group, has officially opened its second facility in Penang’s Perai Industrial Zone. This expansion represents a significant investment exceeding RM1 billion and aims to further strengthen Penang’s position as a global electronics manufacturing hub.

The new five-story manufacturing plant, located adjacent to ELNA’s first facility, was inaugurated by ELNA PCB president Ian Yang and Penang Chief Minister Chow Kon Yeow. Yang highlighted that the plant’s first production phase will generate 300,000 square feet of printed circuit boards (PCBs) for industries such as automotive, server, network equipment, personal computing, and consumer electronics. As demand grows, the plant is projected to reach a full production capacity of 1 million square feet.

Yang noted that the existing facility will continue manufacturing double-sided and multi-layer PCBs, while the new plant will add advanced production capabilities, enhancing supply chain flexibility and catering to diverse customer needs.

PSA PCB Business Group president Lance Tao emphasized that the expansion reflects the company’s commitment to providing world-class solutions. Penang, a major hub for Malaysia’s semiconductor industry, offers a rich talent pool and favorable business environment, making it an ideal location for ELNA’s new facility. Tao also praised Penang’s robust industrial ecosystem, which aligns with PSA’s growth strategy.

Chief Minister Chow expressed pride in Penang being the preferred choice for ELNA’s expansion. He highlighted the project’s impact on the local economy, with over 1,000 new jobs expected and a transfer of cutting-edge manufacturing technology to the region. Chow also emphasized that ELNA’s continued investment in Penang, where the company has been present for over 30 years, is a testament to the state’s sustainable industrial growth and appeal as an investment destination.

The opening of this new facility marks a significant milestone in ELNA’s growth and Penang’s continued rise as a global electronics manufacturing leader.

Image source: Facebook

telegram-logo2Join our Telegram Channel now to receive instant update on Penang latest projects and property news

Tags: ,
RELATED PROPERTIES FOR SALE/RENT AT
  1. No comments yet.
  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)

COMMENT GUIDELINES

  • Respectful Conduct: All comments must be respectful. Abusive, offensive, misleading or inappropriate language will be removed.
  • Relevance: Political or off-topic comments may be removed.
  • No Spam or Self-Promotion: Comments that are promotional or appear to be spam will be removed. Please refrain from sharing links or contact information in the comment.
  • Moderation: We reserve the right to review, edit, or delete any comments that violate these guidelines.
  • All advertisement in the comment will be removed. Please contact us for advertising opportunities.



To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 (Please do not advertise your property in the comment)