Friday, September 17, 2010

ixmation expects US$30m sales boost over 2-3 years

BUKIT MERTAJAM: ixmation (Asia) Sdn Bhd, formerly known as Excel Precision Sdn Bhd, expects to grow its business from the present US$70 million (RM217 million) in sales to US$100 million over the next two to three years.

One of the world's leading provider of automated assembly and testing solutions, ixmation has five entities worldwide and is headquartered in Switzerland with production sites in the US, China (Tianjin and Suzhou) and in Penang.

ixmation is an independent business unit of the Conzzeta AG, which is listed at the Swiss stock exchange with a group turnover of US$1 billion.

The company provides reliable solutions for assembly tasks in the automotive, medical, alternative energies, consumer good and electronics sectors.

At the official launching of the new 42,000 sq ft plant at the Bukit Minyak Science Park by Chief Minister Lim Guan Eng, ixmation Group CEO Dr Martin Pfister said the company, which currently employed 110 people at the new plant, will increase its workforce to 250 over the next two to three years.

Although Pfister declined to reveal the investment figures for the plant and equipment, he said US$1.7 million had been spent on the building rooftop state-of-the-art third-generation solar tube collector system.

He said imxation has obtained all the skills and experience from its entities around the world to support projects in the future industries like photovoltaic solar fuel cells and wind turbines and has experience in building energies storages for a continuous power supply to the common electric power supply system.

"The new building offers highly skilled engineers the opportunity to take in more demanding projects to provide sophisticated high-tech solutions to global and local customers.

"Depending on the business environment, we have land reserves to grow up to 100,000 sq ft and employ upto 400 workers in the next few years," he added.

Pfister said ixmation Malaysia was no longer a local automation solution provider but was now recognised as one of the leading automation companies.

"Our industrial focus has changed over the last three years, and big projects with solar companies mainly out of California brought us a lot of new know-how and out of one of these partnerships, we were able to invest in the solar rooftops here in Penang, which translates to a saving of 130 tonnes of carbon dioxide per year, which is our contribution towards the new initiative by the Malaysian government's "First Malaysia green and clean," Pfister said.

No comments:

Post a Comment