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Jan 27, 2022EXPANSIONPenang, Malaysia VAT breaks ground on Phase Three factory extension in Penang, Malaysia
Swiss vacuum valve maker VAT Group held a groundbreaking for a 39,200 square meter factory extension in Penang, Malaysia. The project will create about 500 jobs and more than double the Malaysian operation's production capacity.
Capacity
More than double current production capacity
Productshigh-performance vacuum valves
“The new plant will cover an area of about 39,200 square meters and is estimated to create 500 employment opportunities once completed and running at full capacity.”investpenang.gov.my
- 2 sources
- investpenang.gov.my[Press Release] VAT Holds Groundbreaking Ceremony for Its Phase Three Factory Extension in Malaysia - InvestPenangJan 27, 2022
- malaymail.comVAT Group’s Penang factory extension to contribute 50pc of group’s global production | Malay MailJan 30, 2022
Summarized from public sources; check the original articles before acting on it.