(plasteurope) -- Global plastics
injection moulder Rosti (Malmo / Sweden) is set to open a new subsidiary, Rosti
Integrated Manufacturing Solutions, in Senai, Johor Bahru / Malaysia in July
2012. The 5,000 m2 factory, where 150 people are to be employed by the end of
this year, will initially focus on producing complete modules for business
machines, although output eventually will cater to the group?s core E&E,
packaging, medical and automotive end customer markets.
Rosti said it
would invest EUR 3mln in machinery for the site over the next 12 months,
by the end of which the facility will boast a full range of Sumitomo Demag
injection moulding machines.
The decision to open a new facility in South East Asia was driven by customer
demand, Rosti said, adding that Johor Bahru not only affords the group close
access to clients, but also to neighbouring Singapore, where many global players
have set up their regional HQ.
Rosti is already represented in Asia,
through subsidiaries in China and India. |