# Indium Corporation opens new manufacturing plant in Penang with RM250M investment

Indium Corporation held a grand launch for its new 37,500-square-foot manufacturing facility in Penang, involving an investment of RM250 million. The plant will produce materials for electronics assembly and semiconductor packaging.

- Type: New facility
- Announced: 2022-10-28
- Where: Penang, Malaysia
- Value: $53.0M (250.0M MYR)
- Status: completed
- Capacity: 37,500 square feet
- Products: soldering materials, electronics assembly materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Indium Corporation](https://endata.com/companies/66207.md)

## Sources

- [penanghyperlocal.com](https://penanghyperlocal.com/us-based-indium-corporation-invests-rm250-million-for-new-plant-in-penang/), 2022-10-28: "The company's investment decision serves as an acknowledgement of the skilled talent, well-developed infrastructure and resilient environment the state holds."

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