PETALING JAYA: Switzerland-based electrical measurement company LEM Holding SA opened its 15 million Swiss francs (about RM78 million) manufacturing plant in Penang today.
PETALING JAYA: Switzerland-based electrical measurement company LEM Holding SA opened its 15 million Swiss francs manufacturing plant in Penang today.
“This greenfield project is dedicated to manufacturing and testing current sensors, as well as addressing global markets such as the automotive, renewable energy, robotics, industrial, and instrumentation sectors,” he said when opening the plant. He said the state government is anticipating the knowledge exchange and skills development in advanced current sensing technologies that LEM will bring to Penang’s workforce.Chow expressed optimism that LEM would reap significant benefits from its operations in Penang, which is known for its well-developed industrial ecosystem and is often referred to as the Silicon Valley of the East.
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