New Facility Will Enable Further Vertical
Integration when Coupled with Existing Benchmark Facilities in
Penang, Adding Critical Capacity
and Capabilities
TEMPE,
Ariz., Sept. 12, 2024 /PRNewswire/ -- Benchmark
Electronics, Inc. (NYSE: BHE), a global provider of engineering,
design, and manufacturing services, today celebrated the grand
opening of a new facility in Penang,
Malaysia. This will be Benchmark's fourth facility in the
region and will become a critical addition to existing facilities,
allowing for vertical integration of key capabilities. The new
facility will focus primarily on serving customers in semiconductor
capital equipment and commercial aerospace sectors. The grand
opening event was celebrated alongside key customers and suppliers,
local dignitaries, and community partners.
"Benchmark Penang is critical to our expanding operations in
Asia, and we are enthusiastic
about growing our manufacturing capabilities in Malaysia by adding our fourth facility in the
country," said Jeff Benck, president
and CEO of Benchmark. "This facility will enhance our capacity and
expertise, enabling us to better serve our current customers and
meet the growing interest from new customers aiming to regionalize
their production across the APAC region. The new investment will
also deepen our well-established roots in the Penang community."
The new facility will be over 8,000 sq. meters with space to
further expand at the site. With this new building, Benchmark will
now maintain more than 40,000 sq. meters of production space in
Penang.
Benchmark is expanding its Penang facility to increase capacity for new
and existing customers, supporting the anticipated growth of the
semiconductor industry in 2025 and beyond, while also enhancing its
vertical integration capabilities. The expansion will enable
Benchmark to improve operational efficiencies, uphold quality
standards, and accelerate time-to-market for customer products.
Benchmark will offer advanced capabilities such as e-beam welding,
large form factor 5-axis machining, type-2 cleaning and is
establishing one of the largest welding and frame manufacturing
centers in the region.
"We were thrilled to host the grand opening of our new
Penang facility, welcoming key
dignitaries, customers, partners, suppliers, and the local
community," said Dr. Bala Murugan,
Group Vice President, Benchmark. "This event marks a significant
milestone, highlighting our advanced capabilities and our
commitment to generating more business and employment opportunities
in the area. I am immensely proud of our Malaysian team's
dedication and hard work in making this facility a reality."
With the construction of the new Penang facility, Benchmark will be hiring up
to 200 people over the next few years. Benchmark now employs about
1,500 people in Penang. To
learn more about the new Benchmark Penang facility and its new site
features, please visit the website at
https://www.bench.com/penang-malaysia-waterfront.
About Benchmark Electronics, Inc.
Benchmark provides
comprehensive solutions across the entire product lifecycle;
leading through its innovative technology and engineering design
services; leveraging its optimized global supply chain; and
delivering world-class manufacturing services in the following
industries: commercial aerospace, defense, advanced computing,
next-generation communications, medical, complex industrials, and
semiconductor capital equipment. Benchmark's global operations
include facilities in seven countries and its common shares trade
on the New York Stock Exchange under the symbol BHE.
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SOURCE Benchmark Electronics, Inc.