KUALA LUMPUR (March 5): Actiforce, which is part of Germany's Hettich Group — one of the world's largest manufacturers of furniture fittings — is investing RM50 million to set up a new manufacturing plant in Penang
Actiforce, which originates from the Netherlands, plans to have the plant serve as a hub for research and design, manufacturing and distribution of furniture fittings for the Europe and the US markets, according to a joint statement from Actiforce, InvestPenang and the Malaysian Investment Development Authority or Mida.
"It will be instrumental in Actiforce's global expansion. The move to consolidate manufacturing capabilities in one area, creating a comprehensive one-stop centre, exemplifies Actiforce's commitment to lean manufacturing and delivering better value to customers.
"The company aims to enhance the local economy, generate employment opportunities for the local community, and solidify its position as a key contributor to regional prosperity," the statement read.
Penang Chief Minister Chow Kon Yeow said the state is proud to host Actiforce to showcase its capacities and capabilities in Penang, as it further supports the needs of industrial players in next generation technologies and growth strategies.
"The opening of the new plant will pave the way towards creating employment opportunities for local talents across various categories," Chow added.
“With the increasing technological development and advancement of high-quality components by companies like Actiforce, Malaysia’s position as a global supply chain and distribution hub is further solidified,” said Mida chief executive officer Datuk Wira Arham Abdul Rahman.
Actiforce chief financial officer Harry Slingerland said the group is thrilled to inaugurate its new facility in Penang, which reflects its commitment to pushing the boundaries of innovation and delivering quality products and services.
“Penang has proven to be an ideal location for Actiforce due to its strategic positioning, skilled workforce, and the supportive business environment provided by the local community and government,” Slingerland said.