Rapid Manufacturing, a US-based electronics manufacturing company that focuses on custom-designed wire and cable harnesses, electro-mechanical and box-build assemblies, has announced plans to add a new facility in the town of Kulim in the Malaysian state of Kedah. Beyond manufacturing roles, the site will also house a knowledge-intensive regional centre, establishing a centre of excellence to drive the company up the value chain. The expansion will create 2,000 new jobs, including at least 500 high-income positions.
The new facility allows the company to scale up testing and handling capabilities to meet growing demand.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAnnouncing the facility, Malaysian Investment Development Authority CEO Datuk Wira Arham Abdul Rahman said: “The expansion of Rapid Manufacturing’s production facility is a testament to the long-term growth in demand for the industry globally, and Malaysia is well positioned to capitalise on these opportunities.
“This development aligns perfectly with the government’s aspirations under the Twelfth Malaysia Plan and the New Investment Policy, strengthening the fundamentals of Malaysia’s investment ecosystem.”
The state of Kedah announced another major foreign investment earlier in 2023, when Germany-based chemicals company Münzing inaugurated a new wax and polymer emulsions production facility in the region.
