◂ Announcements

May 16, 2018EXPANSIONPrai, Penang, Malaysia

Continental Automotive Components invests €7M in Penang plant upgrade

Continental Automotive Components Malaysia broke ground on a €7 million (RM31.5 million) expansion and upgrade of its Penang plant to create a smart factory with automated machinery and digitization. The upgrade will create 150 new R&D engineering jobs by 2020.

Value

$8.40M (7.00M EUR)

Jobs

150

Status

Under construction

Productsinstrument clustersautomotive parts

CompaniesContinental Automotive Components Malaysia

Sectors#Automotive Components

“With the expansion, more jobs will be created. The R&D office will see to an increase of another 150 engineers by 2020.”autobuzz.my

1 source
autobuzz.myContinental Automotive Components invests RM31.5 mill for Penang plant upgrades - AutoBuzz.myAdrian ChiaMay 16, 2018

Summarized from public sources; check the original articles before acting on it.

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