KULAI: Singapore-based leading precision parts manufacturer Beyonics International Pte Ltd plans to invest another US$3 million to build a new facility for its metal stamping operation.
Its chief executive officer Scott D. Smith said the new facility would be located next to the company's existing facility at the i-Park Industrial Park in Bandar Indahpura here.
"With the additional investment, we have invested a total of US$17 million to develop our manufacturing facility in Kulai. With another facility in Kota Tinggi, Beyonics' total investment in Johor totalled US$20 million," said Smith.
He was speaking to the media after the launch of Beyonics' new precision plastic moulding facility at i-Park by Iskandar Regional Development Regional Authority (Irda) chief executive Datuk Ismail Ibrahim.
With the new metal stamping facility, which is expected to be completed in August or September this year, the company will enable to establish the facility at i-Park as a mega facility where Beyonics will be able to showcase all their core capabilities, including complete box build.
Beyonics manufactures precision-engineered components like plastic injection moulding, aluminum die-casting, precision machining, and metal stamping as well as offering full turnkey electronics sub-assembly and complete product manufacturing. It currently serves the automotive, medical, industrial, and high-end consumer products sectors.