Adds to Malaysia’s Vibrant Industrial Ecosystem KUALA LUMPUR, July 30 (Bernama) --
Ultra Clean Holdings, Inc. (UCT), a US company listed on NASDAQ, today announced that it will be setting up a manufacturing facility in the Batu Kawan Industrial Park.
UCT’s 300,000 square foot facility is scheduled to begin construction by the third quarter of 2020. The new facility will potentially employ more than 650 personnel over the next five years, including roles in manufacturing, engineering, research and development as well as quality management.
In welcoming UCT’s announcement, YB Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI) said, “Malaysia has established a strong base of high-value manufacturing companies. The semiconductor industry continues to drive growth by supporting 5G and IoT (Internet of Things) proliferation.
“With rapid expansion and robust progress in this industry, Malaysia is poised to capitalise on opportunities available and is well-positioned to be Asia’s hi-tech manufacturing powerhouse,” he added.
YB Dato’ Seri Mohamed Azmin said MITI and its agencies remain committed to growing Malaysia’s high technology, high value-added, knowledge-based investments. This project provides a link across Malaysia’s established electrical and electronics industry. It will also enhance our country’s legacy as the ideal investment destination within the region, which offers a sustainable business environment to meet investors’ overall growth strategies.
Meanwhile UCT’s chief operating officer, Vijay Chinnasami, said the company was proud to partner with the Government of Malaysia, in the effort to expand its global footprint as part of the company’s strategic growth plan.
Mr Chinnasami said, “This state-of-the-art facility will ensure business continuity, enable us to better serve and bring value to our local and global customer base, and allow us to capitalise on longer-term growth opportunities.” About MITI
MITI is the key driver in making Malaysia the preferred destination for quality investments and enhancing the nation’s rising status as a globally competitive trading nation. Its objectives and roles are oriented towards ensuring Malaysia’s rapid economic development and help achieve the country’s stated goal of becoming a developed nation. About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel. About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, ultrahigh purity cleaning and analytical services primarily for the semiconductor industry. Ultra Clean offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping and component manufacturing, and tool chamber parts cleaning and coating, as well as microcontamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com. An infographic regarding UCT's announcement is also provided in the following link to be featured together with the media release: https://tinyurl.com/y59wh692SOURCE : Malaysian Investment Development Authority (MIDA)FOR MORE INFORMATION, PLEASE CONTACT:
Name : Jeyasigan Narayanan Nair
Director, Machinery and Metals Division, MIDA
Tel : +603 2267 6711
Email : firstname.lastname@example.org
Name : Rhonda Bennetto
Vice President Investor Relations
Email : email@example.com