Simmtech invests $120M in PCB factory in Penang, Malaysia

Simmtech Holdings Inc. is building its first large-scale factory in Southeast Asia at Batu Kawan Industrial Park, Penang, Malaysia, with a Phase-1 investment of $120 million, expected to commence operations in Q1 2022 and create 1,200 jobs by H1 2023.

“Simmtech’s Phase-1 investment would be US$120 million and the operation is expected to commence in the first quarter of 2022.”investpenang.gov.my

• 1 source
• investpenang.gov.mySIMMTECH Expands Footprint in Penang - InvestPenangJul 30, 2021

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