GUH Holdings Bhd, a printed circuit board (PCB) maker, which has recently announced an investment of RM15 million for its expansion in Malaysia and China, is planning to increase the investment to over RM24.23 million.
GUH Managing Director, Datuk Kenneth H'ng said RM19.6million would go towards adding a new phase to the plant in Penang while RM4.63 million would be for the expansion at its Suzhou facility.
With the planned expansion the company expects to increase its monthly production of more compact-design double-sided PCBs to 25,000 sq m by the fourth quarter of next year from the current 15,000 sq m.
According to Datuk H'ng, the expansion was in response to the growing trend towards miniturisation which drives demand for smaller and more compact boards from the automotive industry as well as other high-end consumer electronic products such as digital recorders.
Last year in view of the global downturn, the company invested just RM3.2 million to enhance its Malaysian and China facilities.
Adapted from NST Business Times and StarBiz, 14 Nov 2009