BUSINESS

US-BASED PANDUIT ENHANCES MANUFACTURING LANDSCAPE WITH NEW PLANT IN JOHOR BAHRU

15/05/2024 09:35 PM

KUALA LUMPUR, May 15 (Bernama) -- Panduit, a global leader and manufacturer of cutting-edge electrical and network infrastructure solutions, has officially opened its new state-of-the-art manufacturing facility in Johor Bahru. 

Malaysian Investment Development Authority (MIDA) chief executive officer Sikh Shamsul Ibrahim Sikh Abdul Majid said Panduit's presence not only enhances Malaysia's high-tech talent pool but also provides a compelling advantage in the global market. 

“It aids our small and medium enterprises in adopting advanced manufacturing technologies, contributes to the development of the plastics industry ecosystem, and strengthens the resilience of Malaysia’s supply chains and economic landscape,” he said in a joint statement issued by MIDA and Panduit.

The facility, which was officially opened on Tuesday, marked significant milestone in manufacturing processes, fortifying Panduit’s supply chain to deliver top-notch cable tie products while meeting the growing demands of its clientele. 

Spanning 25,083 square metres, the facility is poised to create 184 new direct job opportunities by the end of 2024.

Panduit’s senior vice president and managing director for Asia-Pacific, Harry Woo, said the strategic decision of building a new plant in Johor Bahru would help the company remain competitive while maintaining its strategic presence in the area and ensuring ongoing service to our customers.

The company's utilisation of engineering plastics in its manufacturing processes also aligns with the New Industrial Master Plan 2030, which prioritises the promotion of high-value-added industries and the adoption of advanced technologies.

Founded in 1955, Panduit is headquartered in Illinois, the United States, and operates in 112 global locations. 

-- BERNAMA

 

 


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