# 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.

- Type: New facility
- Announced: 2021-07-30
- Where: Batu Kawan Industrial Park, Penang, Malaysia
- Value: $120.0M
- Jobs: 1,200
- Starts operating: Q1 2022
- Status: announced
- Products: printed circuit boards, packaging substrates for semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Simmtech](https://endata.com/companies/15357.md)
- [Sustio](https://endata.com/companies/56781.md) (partner)

## Sources

- [investpenang.gov.my](https://investpenang.gov.my/simmtech-expands-footprint-in-penang/), 2021-07-30: "Simmtech’s Phase-1 investment would be US$120 million and the operation is expected to commence in the first quarter of 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
