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Friday September 29, 2006

Smart Modular to invest more in Penang ops


 

PENANG: Smart Modular Technologies, a US-based electronic subsystems designer, manufacturer and supplier, is expected to invest RM100mil in its operations in Penang over the next five years. 

Its chief executive officer and president Ian MacKenzie said in terms of its manpower in the state, the company had grown from fewer than 50 employees in 1998 to more than 600 today. 

From left: Smart Modular vice-president (worldwide operations) Datuk Mohana Krishnan, Ian MacKenzie and Tan Sri Dr Koh Tsu Koon
“The floor space of our plant in Seberang Jaya had more than tripled over the last few years and currently totals 60,000 sq ft. 

“Since setting up operations here, we have invested more than RM380mil in the state. The coming years will see us investing another RM100mil in infrastructure, labour force and training programmes to continue growing our business. 

“Our highly automated production facilities are top-notch and we are now ready to respond to the increasing demand of the global market,” he said after paying a courtesy call on Chief Minister Tan Sri Dr Koh Tsu Koon at the Penang Development Corp office.  

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