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Vitrox Corp allocates RM120mil to expand Penang operations


GEORGE TOWN: Vitrox Corp Bhd is allocating RM120mil to expand its operations in Penang this year and in 2017 to meet the rising global demand for its machine vision and vision inspection equipment.

Group chief executive officer Chu Jenn Weng told StarBiz that the amount would be spent to complete the new facility in Batu Kawan, scheduled for operation in mid-2017, and to purchase production equipment for the existing plant in Bayan Lepas, which was 80% utilised.

Economy , penang

   

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