Plexus Corp. a global leader in partnering with companies to create products that build a better world, celebrated a significant milestone with the groundbreaking ceremony of its sixth facility in Penang, Malaysia. The state-of-the-art facility, named “Plexus Bridgeview”, is located in the Bandar Cassia Technology Park and spans a sprawling 20-acre plot, encompassing an impressive 560,000 sq. ft. cutting-edge infrastructure. Plexus estimates an investment of RM1 billion over the next three years, signalling its commitment to growth in Malaysia and the Asia-Pacific region.
With a footprint established in Malaysia over 20 years ago, Plexus employs more than 10,000 team members across five manufacturing sites and one design centre in Penang. This new upscale facility will enable the expansion of their Semiconductor Capital Equipment business, supporting Malaysia’s New Industrial Master Plan (NIMP) 2030, and the ongoing growth of their business supporting leading Healthcare and Life Sciences companies. This expansion will also create approximately 1,800 new high-skilled job opportunities in the region.
The Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz congratulated the company, and stated, “Plexus’ RM1-billion expansion affirms Malaysia’s position not only as a preferred investment destination for tech-based MNCs, but also as a country that is serious about the swift implementation of investors’ commitments.”
“In line with the targets of the New Industrial Master Plan (NIMP) 2030, this project will create a ripple effect by generating high skilled job opportunities and developing our E&E supply chain ecosystem to serve a growing global semiconductor and healthcare device markets. This also supports our efforts in positioning Malaysia as a regional manufacturing and services hub for ASEAN and Asia,” he said.
Sikh Shamsul Ibrahim Sikh Abdul Majid, chief executive officer of the MIDA, commented, “MIDA is thrilled to see Plexus’ trust and commitment to expanding its operations in Malaysia with the establishment of its sixth manufacturing plant. Our country’s robust electrical and electronics (E&E) ecosystem, the exceptional capabilities of our local talent, and our well-developed semiconductor supply chain provide the perfect foundation for investors like Plexus.”
“We are buoyed by the opportunities this investment will bring for Plexus, the local community, and the industry, and we look forward to Plexus’s continued advancement in Malaysia,” he added.
Victor Tan, Plexus’s regional president APAC, stated “The establishment of the new Plexus Bridgeview facility demonstrates our commitment to growth within the region, and provides a strong opportunity to meet the growing needs of our valued customers. We are grateful for the facilitation and continued support of MITI, MIDA and Invest Penang to help enable these important milestones on Plexus’ growth journey.”
Plexus is committed to sustainability throughout its global business operations. The company continues to elevate the standards of business conduct and integrate sustainable and responsible business practices into its enduring strategy. Through focused efforts around product impact, environmental impact, social impact and sound corporate governance, the company can deliver differentiated value to various stakeholders.
As part of its commitment to being a sustainable and responsible business partner, Plexus contributes to non-profit causes within Malaysian communities and encourages employee volunteerism through charitable giving initiatives, STEM education sponsorships and collaborations. Notably, Plexus has installed solar panels at the Plexus Islandview and Seaside facilities and plans to continue this effort across all remaining facilities to reduce its carbon footprint.
Plexus is excited to embark on this ambitious endeavour of establishing a new facility and looks forward to contributing to the realisation of Malaysia’s NIMP2030, fulfilling the company’s vision of creating products that build a better world.
