US-based global materials supplier to the electronics assembly and semiconductor packaging industries, Indium Corporation held its grand launch of its new 37,500-square-foot manufacturing facility with a special ceremony in Penang recently.
The new plant involves an investment of RM250 million.
Present was Penang Chief Minister YAB Chow Kon Yeow along with Indium Corporation’s President and Chief Operating Officer, Ross Berntson, Senior Minister and Minister of International Trade and Industry, Dato’ Seri Mohamed Azmin Ali, CEO of MIDA, Datuk Wira Arham Abdul Rahman among other guests.
Also present was general manager, Tang Weng Lye, general manager (ESM Operations), Mike Mcnamara and (managing director APO), Pang Weng Fai.
Following the ribbon cutting ceremony and lion dance, guests were taken on a tour of the plant.
In his speech, Chow said that he is pleased that Penang is the choice location for Indium Corporation’s new manufacturing facility.
“The company’s investment decision serves as an acknowledgement of the skilled talent, well-developed infrastructure and resilient environment the state holds.
“Being widely regarded as one of the major players in the global semiconductor industry, Penang’s robust electrical and electronics (E&E) ecosystem is believed to have paved the way for sustainable industry development, offering a competent platform for the players along the supply chain to participate and thrive.” said Chow.
Meanwhile, YB Dato’ Seri Mohamed Azmin said that their meeting with Indium Corporation in Washington DC during the Trade and Investment Mission to the United States of America in May 2022 was fruitful.
“Indium Corporation would serve as a catalyst to attract more players in the advanced soldering materials industry and strengthen the local supply chain. Towards supporting the new company’s growth in Penang, Indium Corporation USA will provide its technical expertise to assist the technical know-how, technology transfer as well as upskilling and reskilling of local talents.
“This is in line with Malaysia’s New Investment Policy’s fourth strategic thrust which advances the nurturing of innovative, high impact investments, conducive to the creation of high-skilled jobs. This is most imperative to add value and garner positive impact to the economic complexity that defines Malaysia’s long-term growth trajectory. I am confident that this investment will deepen both the Malaysia-US’s strong trade relations and that Malaysia will remain as a preferred investment destination for high quality and sustainable American investments.” he added.
Indium Corporation’s President and Chief Operating Officer, Ross Berntson commented, “Indium Corporation is proud to continue its more than 40-year history of doing business in Malaysia with the grand opening of our new manufacturing facility in Penang. This new facility will enable us to further support our customers in automotive, semiconductor, power electronics, e-mobility, industrial and computing and other markets.”
Indium Corporation produces a diverse range of solders and solder paste products including materials for the electronics assembly, e-mobility, power electronics, and advanced packaging for semiconductor markets.
The new facility has begun its manufacturing activities and will continue to expand the production capacity to better serve the company’s customers in Malaysia and the surrounding region, including Thailand and Vietnam.
The new facility will be manufacturing the following products:
● Solder Pastes: Indium Corporation is the Avoid the Void® leader in the market, providing proven and innovative products that eliminate defects and deliver high reliability. The most recent innovation, patented DurafuseTM LT technology, delivers exceptional reliability while reducing energy consumption and carbon footprint.
● Thermal Interface Materials (TIMs): Indium Corporation is an industry leader in high-performance solder- and metal-based TIMs for a variety of applications.
● Solder preforms: Indium Corporation’s proven, innovative material solutions for die-attach and power semiconductor applications are designed to increase productivity, performance, and efficiency. The patented InFORMS® and other preforms products meet the highest standards in power electronics applications.
Penang also houses the company’s Malaysia Tech Hub, a regional centre for the development of electronics assembly expertise and customer service, as well as a logistics and manufacturing support centre.