PENANG, Malaysia, 1 March, 2018 — Benchmark Electronics (NYSE:BHE), a U.S.-based multinational engineering and manufacturing services company, today commemorated the expansion of its footprint in Malaysia with a grand opening ceremony of its third facility in Penang.
Held at Benchmark’s Penang FIZ phase 4 premise, the event was officiated by Penang Chief Minister YAB, Tuan Lim Guan Eng, and attended by Penang Deputy Chief Minister I YAB Dato’ Haji, Mohd Rashid bin Hasnon, Penang Deputy Chief Minister II YB, Encik P. Ramasamy, Benchmark President and CEO, Paul Tufano, and many other dignitaries.
“Benchmark is one of the fastest growing multinational corporations in Penang and is contributing significantly to the region’s economic growth in the manufacturing sector,” said Lim. “Benchmark currently provides employment to more than 1,000 people in Penang.”
The Chief Minister also expressed his pride in the fact that Penang has been chosen by Benchmark as its only global location to house the full range of its capabilities which include electronics manufacturing services, precision mechanical components manufacturing, assembly and test of complex capital equipment, design center and international procurement center. He thanked Benchmark for its trust in Penang.
“Benchmark has invested a total of RM300 Million in Penang since its entry in 2007 and provides business opportunity amounting to RM250M per year to the local supply base,” added Dr. Balamurugan Sinnasamy, Benchmark’s Vice President and General Manager of Malaysian Operations. “We are committed to continue growing our capacity and capabilities in Penang and look for continued partnership with the Penang Government and Civil Service to achieve this.”
Benchmark’s CEO and President, Paul Tufano, also expressed his satisfaction with Benchmark’s growth and success in Penang. He reiterated Benchmark’s commitment to Penang and the desire to make Penang one of Benchmark’s most prominent manufacturing hubs in the world. Tufano added that the Penang site is one of Benchmark’s fastest growing and congratulated all the site employees on their success.