Neways to expand its global presence with the launch of a new facility in Malaysia.
Takeaway Points
- Neways has announced that it is setting up a new state-of-the-art manufacturing facility in Klang, (Selengor), Malaysia.
- This expansion will strengthen Neways’ global footprint and allow them to service their customers with design, etc.
- The new facility will begin production in the fourth quarter of 2024.
- The company aims to achieve substantial growth, with plans to expand its workforce in Malaysia to over 200 employees.
A New Facility in Malaysia
Neways on Friday announced that is setting-up a new state-of-the-art manufacturing Facility in Klang, (Selengor) Malaysia. According to the press-release, this expansion will strengthen Neways’ global footprint and allow them to service their customers with design, prototyping, production, and repair services across all geographies.
The new facility will begin production in the fourth quarter of 2024. Neways will focus on developing and producing advanced modules and cabinets for some of the world’s most renowned players in the semiconductor sector, the company said in a statement.
Hans Büthker, CEO of Neways, said that they are happy to announce the establishment of their new manufacturing facility in Klang (Selengor), Malaysia. He further explained that this establishment shows their unwavering commitment to provide exceptional products and services to its customers all over the world.
“We are delighted to announce the establishment of our new manufacturing facility in Klang (Selangor), Malaysia. As part of our global production strategy, the establishment is a testament to our unwaivering commitment to provide exceptional products and services to our valued customers all over the world. The new facility in Malaysia not only fortifies our global manufacturing footprint but also propels our ambitious expansion plans in the region, with a strong focus on the semiconductor sector.” Hans said.
The company has facilities in Europe (the Netherlands, Germany, Slovakia, and Czech Republic), the Americas (US), and Asia (China) and is building a new-large scale production and cleanroom facility in Slovakia.
Neway’s said it “aims to achieve substantial growth, with plans to expand its workforce in Malaysia to over 200 employees.”
About Neways
According to Neways, they are a global innovator in mission-critical technology for leading semicon, connectivity and smart mobility companies. With more than 50 years’ experience and strong engineering power, they are proud to be the technology innovation partner for the most demanding customers in the industry. Neways develops and produces highly complex electronics that facilitate major trends around global ESG themes. Our team of more than 3,000 specialists across the Netherlands, Germany, Slovakia, Czech Republic USA and China enables future solutions for EV charging, electric power trains, digitizing health solutions, sustainable agriculture, producing microchips and more.
Hans Büthker
Hans Buthker was appointed CEO of Neways on October 1, 2022. Mr. Hans has gained a lot of experience in leading and growing international high-tech organizations over the last 25 years. He held CEO positions in companies like Fokker, and between 2013-2017 he was their CEO. In GKN Aerospace, he also served as the CEO from (2017-2021). He served as Chief Operating Officer at Fokker and Chief Procurement Officer at Stork.
