Simmtech's Sustio Opens Second Operation Facility In Penang, Completes Phase 2 Expansion Worth RM326 Mln
KUALA LUMPUR, April 30 (Bernama) -- Premier manufacturer and supplier of printed circuit boards (PCBs), Sustio Sdn Bhd, a Simmtech Group company, has completed its RM326 million phase 2 expansion with the inauguration of its second operations facility in Batu Kawan, Penang.
Sustio has invested approximately RM750 million to develop Southeast Asia’s first advanced manufacturing facility of its kind -- this strategic expansion has generated 1,400 high-value jobs, strengthening Malaysia’s role in the global semiconductor supply chain.
It said in a joint statement that Sustio is poised for further growth with plans tailored for AI-driven applications.
"The Simmtech Group has designs on Sustio Building 3 at its current site and has secured an additional 10 acres (4.05 hectares) for Sustio Building 4, signalling a long-term commitment to innovation and expansion in the region," it said.
Simmtech chief executive officer Jeffery Chun said the group's investments in Malaysia reflects its confidence in the country’s talent, infrastructure, and strategic position in the semiconductor industry.
“With Sustio’s cutting-edge capabilities, we are not only supporting global technology demands but also empowering local economic development,” he said.
Meanwhile, Malaysian Investment Development Authority (MIDA) deputy chief executive officer (investment development) Zalina Zainol said that by aligning its strategies with next-generation technologies, especially AI-driven innovations, Sustio is not just growing its business -- it helps to energise and elevate the entire semiconductor ecosystem.
“At MIDA, we believe success is about creating real opportunities for local companies, particularly through vendor development programmes in key areas like automation, raw materials and quality control.
“Whether from our headquarters or right here on the ground in Penang, MIDA stands ready to support Sustio — not just today, but every step of the way, as we build a brighter, more innovative future together," she noted.
The ribbon cutting ceremony today was graced by the presence of the Chief Minister of Penang, Chow Kon Yeow.
-- BERNAMA