QES Group Invests RM40 Million In New Plant, Doubling Manufacturing Capacity
January 18, 2024 – QES Mechatronic Sdn Bhd, a prominent subsidiary of QES Group Berhad, has announced a groundbreaking new venture in Batu Kawan Industrial Park. The state-of-the-art facility, known as “QES 2@BKIP,” signifies a significant leap forward for the global semiconductor equipment manufacturer, showcasing an impressive RM40 million investment. The plant will be used to double QES manufacturing capacity, and house the joint venture company, Applied Engineering Technology (M) Sdn. Bhd. with its USA counterpart Applied Engineering Inc
The groundbreaking ceremony, presided over by QES Group Managing Director, Mr. Chew Ne Weng, along with executive Directors Mr. Liew Soo Keang, Mr. Lim Chee Keong, Mr. Lee Hock Chin, and other senior management, marks a pivotal moment for QES in reinforcing its reputation as a global frontrunner in automated inspection and handling equipment for the semiconductor industry.
Mr. Chew Ne Weng emphasised the strategic importance of the new plant in meeting the surging global demand for semiconductor manufacturing. “QES 2@BKIP demonstrates that QES is committed to driving efforts to fulfill the increasing capacity demands, improve business continuity, and provide a strategic risk mitigation plan to our Manufacturing Division,” he stated.
With a vast land size of approximately 87,120 square feet and an estimated build-up of 83,488 square feet, QES 2@BKIP is projected to commence operations by the fourth quarter of 2024. The comprehensive investment of RM40 million covers land acquisition, construction, state-of-the-art facilities, and the skilled workforce necessary to propel QES to new heights.
This strategic expansion is poised to double QES’s manufacturing capacity, a move strategically aligned with the long-term global growth trends in the semiconductor industry. Moreover, QES 2@BKIP is set to house a joint venture with Applied Engineering Technology (M) Sdn. Bhd. and its USA counterpart, Applied Engineering Inc., further enhancing QES’s position in the international market.
One of the notable outcomes of this venture is the creation of around 100 job opportunities within the next three years. These roles will span across various functions, including engineers, technicians, administrative, and executive personnel, contributing to both the local economy and QES’s sustained growth.
As QES Group embarks on this ambitious endeavor, it underscores the company’s commitment to innovation, global leadership, and its role in steering the semiconductor industry towards a robust and prosperous future.
Source: Business Today