business

AME Elite to build RM108mil plant for Swiss glass containers giant

The latter is a subsidiary of Swiss-listed engineering and manufacturing group Bucher Industries AG.

Bucher Emhart  is established as the world's leading international supplier of glass container manufacturing solutions; including equipment, controls, parts and support.

The international group has presence across the globe including Switzerland, Sweden, Italy, Germany, Singapore, Malaysia, Japan, China, and the United States. 

AME group managing director Kelvin Lee Chai said its integrated industrial parks and properties at i-Park@Senai Airport City would continue to attract foreign direct investment (FDI) including from internationally-respected, blue chip global corporations.

Chai said AME continued its role as an FDI magnet and would benefit from increased demand for its industrial parks as international borders reopen.

"With this latest contract from Bucher Emhart, our new sales for the financial year to date increased to RM433 million and will enhance our financial performance," he said.

According to AME, the new facility in i-Park@Senai Airport City would have a built-up area of about 300,000 square feet.

This will replace the existing factory at another site in Johor Bahru in order to increase production capacity.

"The construction of the project will commence in the second quarter of 2023 and is scheduled to be completed in 2024," it said.

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