KUALA LUMPUR: George Kent (Malaysia) Bhd is investing RM50 million to upgrade manufacturing facilities and increase production capacity to meet the rising demand for its water meters and brass components.
Chairman Tan Sri Tan Kay Hock said with completion of the project, expected to be around end of 2012, the group would be able to increase its water meter production capacity to 160,000 metres per month from 120,000 per month currently.
"We are doubling our capacity and producing a higher quality product so that we can cater to the electronics industry as well as other industries as we are the original equipment manufacturer," he told reporters after the company's 59th annual general meeting here on Tuesday, June 29.
"The positive result of our transformation initiatives thus far has propelled us to work even harder to further accelerate the group's growth momentum in all its core businesses," he said.
George Kent reported that it has received increased orders from existing customers and new supply orders in the domestic market.
Overseas, the group has managed to expand its global reach with new markets in Hong Kong, the Middle East, Puerto Rico and Colombia for its water meter products. ' Bernama
Chairman Tan Sri Tan Kay Hock said with completion of the project, expected to be around end of 2012, the group would be able to increase its water meter production capacity to 160,000 metres per month from 120,000 per month currently.
"We are doubling our capacity and producing a higher quality product so that we can cater to the electronics industry as well as other industries as we are the original equipment manufacturer," he told reporters after the company's 59th annual general meeting here on Tuesday, June 29.
"The positive result of our transformation initiatives thus far has propelled us to work even harder to further accelerate the group's growth momentum in all its core businesses," he said.
George Kent reported that it has received increased orders from existing customers and new supply orders in the domestic market.
Overseas, the group has managed to expand its global reach with new markets in Hong Kong, the Middle East, Puerto Rico and Colombia for its water meter products. ' Bernama
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