MREM - Press Releases

? Ultra Clean Holdings, Inc. has opened a new manufacturing facility in Pulau Pinang, marking a major expansion in the semiconductor sector.
? Anticipated to generate an additional USD600 to USD800 million in revenue, significantly enhancing the local economy.
? From zero employees in 2020 to over 600 today, the facility boosts local employment and community involvement.
? The design emphasises environmental stewardship, utilising solar power and maximising natural light to reduce energy consumption.

PULAU PINANG, April 23 (Bernama) -- Ultra Clean Holdings, Inc. (UCT), a leading developer and provider of critical subsystems, components, and ultra-high purity cleaning and analytical services for the semiconductor sector, proudly announces the inauguration of its new manufacturing facility in Pulau Pinang. With an investment of RM250 million, this new facility underscores UCT's steadfast commitment to business continuity, customer satisfaction, and environmental stewardship. This strategic initiative positions UCT as a beacon of innovation and responsibility in the global semiconductor market, further solidifying its role as a leader in the sector.

The inauguration ceremony was honoured by the presence of YAB Tuan Chow Kon Yeow, Chief Minister of Penang, alongside representatives from Federal and State governments including Mr. Muhammad Ghaddaffi, Director of the Malaysian Investment Development Authority (MIDA), marking a landmark moment for both UCT and Malaysia’s manufacturing landscape.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang stated, "Often lauded for its well-developed industrial ecosystem, Penang has the capacities and capabilities to support the needs of industrial players in next-generation technologies and growth strategies. I am optimistic that UCT will be able to reap many benefits from its operation in Penang, the Silicon Valley of the East."

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, expressed his commendations for UCT's accomplishments. "Congratulations to UCT for your impressive contributions to our job market. The opportunities for investment in Malaysia are boundless, driving growth and sparking innovation across sectors. This is a perfect match for our vision of an economy fuelled by advanced skills and the latest technologies. UCT's initiatives are crucial in this effort, aligning seamlessly with Malaysia's New Industrial Master Plan (NIMP) 2030. Beyond just facilitating investments, MIDA is committed to actively working with our established partners like UCT to transform their operations and elevate productivity,” he remarked.

“We are proud to partner with the Government of Malaysia, the state of Penang and MIDA to expand our global footprint as part of our strategic growth plan," said Jim Scholhamer, CEO of UCT. "This state-of-the-art facility will ensure business continuity, enable us to better serve and bring value to our local and global customer base, and allow us to capitalise on longer-term growth opportunities."

The construction of the facility, executed in phases, began in September 2020. The first phase covered 300,000 square feet, focusing on weldments, frames, and modules. The second phase, started in early 2022, added another 250,000 square feet, boosting vertical integration capabilities. With the recent acquisition of nine additional acres of land in mid 2023, plans for a third phase are underway, promising to extend manufacturing capacities and vertical integration opportunities later this year.

Upon completion of all phases, UCT projects an additional revenue potential of USD600 to USD800 million. This expansion not only aims to boost local employment — growing from zero employees in 2020 to over 600 today — but also to increase economic contributions to the region, strengthen community engagement, and enhance business continuity. UCT's dedication to sustainability is evident in the facility's energy-efficient design, utilising solar power and maximising natural light to minimise environmental impact.

About MIDA
MIDA is the Government's principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments in the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the current technology revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Invest Penang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and i4.0 seed fund (a catalyst for the startup ecosystem). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn.

About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Associated image as below:
https://drive.google.com/drive/folders/1sQl54UZA7L8dnw4F7dVPXHiXXRIrD0gZ?usp=sharing

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Ms. Zakiah Sajidan
Director, Machinery and Metal Technology Division
Tel.: +603- 2267 6769
Email: zakiah@mida.gov.my

Invest Penang
Name: Ms. Elaine Cheah / Mr. Arief Ferdaus
Communication & Business Intelligence
Tel.: +604-646 8833
Email: elaine@investpenang.gov.my / arief@investpenang.gov.my

Ultra Clean Holdings, Inc
Name: Ms. Rhonda Bennetto
Senior Vice President, Investor Relations
Email: rbennetto@uct.com

--BERNAMA