Plexus Breaks Ground On Sixth Manufacturing Facility, Part Of Rm1-billion Expansion In Malaysia

Plexus Corp. (NASDAQ: PLXS), a global leader in partnering with companies to create products that build a better world, celebrated a significant milestone today 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 Scienc es companies. This expansion will also create approximately 1,800 new high skilled job opportunities in the region. Source: BERNAMA News Agency