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Benchmark Precision Technologies opens fourth facility in Batu Kawan

Property News/ 12 September 2024 Leave a comment

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Benchmark Precision Technologies has officially expanded its operations in Penang with the opening of its fourth manufacturing facility. The new facility, located at Batu Kawan Industrial Park (BKIP), spans approximately 8,000 square metres and offers additional space for future development. This expansion complements Benchmark’s three other facilities in Bayan Lepas.

The new facility is equipped with advanced capabilities, including robotic welding, precision sheet metal fabrication, and frame manufacturing. Datuk Dr. Bala Murugan, President of Benchmark Precision Technologies Group, emphasized that the expansion strengthens the company’s vertical integration, streamlines operations, and shortens the time-to-market for customer products, all while maintaining the highest quality standards.

“We expanded our Penang footprint to increase capacity for both new and existing customers, particularly in anticipation of growth in the semiconductor industry by 2025 and beyond,” said Dr. Bala at the opening ceremony.

The new facility integrates a wide range of services, including electronics manufacturing, precision machining, system integration, and post-manufacturing support. It is also expected to create up to 200 new jobs, expanding Benchmark’s Penang workforce, which currently numbers 1,500 employees.

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Penang Chief Minister Chow Kon Yeow congratulated Benchmark on the significant milestone and emphasized the role of such investments in driving economic growth in the region. “The opening of Benchmark’s new facility marks an exciting chapter. The ongoing collaboration between the Penang government and industry creates opportunities for growth and development that benefit all,” Chow said.

Chow also acknowledged the efforts of the Malaysian Investment Development Authority (MIDA) and InvestPenang in maintaining Penang’s status as a preferred investment destination. The event was attended by Penang Governor Tun Ahmad Fuzi Abdul Razak and other prominent figures from the industry.

Image source: Facebook

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