PENANG, which is constantly praised for its well-developed industrial ecosystem, has the capacities and capabilities to support the needs of industrial players in next-generation technologies and growth strategies.
Chief Minister Chow Kon Yeow shared this when he attended the grand opening ceremony of TTM Technologies’ facility at Penang Science Park in Simpang Ampat.
“Penang is indeed proud to be chosen as the location for TTM to establish its first large-scale, highly automated, and innovative PCB manufacturing plant in Southeast Asia.
“This reflects the trust foreign investors have in Penang’s potential.
“I believe TTM will gain numerous advantages from being based in Penang, often dubbed the Silicon Valley of the East,” Chow said during his speech at the ceremony.
TTM Technologies, headquartered in the United States, is a prominent global manufacturer renowned for its innovative technology solutions.
These solutions encompass mission systems and the production of rapid-turn and technologically advanced printed circuit boards (PCBs).
Chow also said that Penang has developed a robust manufacturing ecosystem that has endured global challenges.
“Penang now houses more than 350 multinational companies (MNCs) and 4,000 small and medium-sized enterprises (SMEs), creating a very conducive manufacturing ecosystem for investors to operate and grow,” he said.
Chow added that American investments have also made a significant presence in the state.
He mentioned that the state government through InvestPenang and other relevant state machinery, is committed to providing unwavering support to the investors.
Meanwhile, TTM Technologies Inc. president and chief executive officer Thomas Edman, said the facility spans over 27 acres and provides 1,000 job opportunities for the local community.
“We are dedicated to continuously offering upskilling and reskilling opportunities to keep our workforce updated with the latest industry knowledge and expertise.
“This highly innovative plant showcases our dedication to aligning with the country’s environmental policies and achieving sustainability goals.
“Waste reduction forms the cornerstone of TTM’s environmental strategy.
“Our new facility is meticulously designed to minimise energy and water consumption, reducing the carbon footprint by 60% compared to traditional PCB plants, all while meeting rigorous operational standards.,” he said.
Edman thanked the state government and InvestPenang for playing a pivotal role in enabling the expansion.
“Your steadfast collaboration and unwavering support have been invaluable in helping us to validate our decision to establish our presence here.
“We are thankful to the Malaysian Investment Development Authority (MIDA) for its incredible support in facilitating our initial entry into Penang.
“I am also grateful for the trust our customers have vested in TTM, as well as the invaluable support from our supply chain partners,” Edman said.
Story by Tanushalini Moroter
Pix by Muhamad Amir Irsyad Omar
Video by Noor Siti Nabilah Noorazis