Monday, 7 May 2012

American firms open operations in Malaysia

BOSE Corporation, the audio world's leading based in the United States (U.S.), will open the assembly facility, distribution, and research and development (R & D) in Malaysia this year, the first facility in Asia Pacific.
Vice President Global Manufacturing and Supply Chain, Bryan Fontaine, said the new facility is scheduled to be operational mid next year it will produce and distribute products to Bose Asia Pacific markets, including Australia, China, India, Japan, United Arab Emirates, and ASEAN.
"The investment is for long-term involve various phases of development. "It will be built in an area of 9.2 hectares at Mile Friends, New York, adjacent to the second Penang bridge," he said at a news conference announcing the company's first investment in Asia Pacific in Kuala Lumpur , yesterday. present Chairman of Malaysian Industrial Development Authority (MIDA), Tan Sri Dr Sulaiman Mahbob: Vice president and General Counsel and Secretary of the Bose Corporation, Mark E Sullivan and Executive Vice President,
Herb Batchelder. Fontaine said following the company policy, he could not disclose the total investment for the development of such facilities, but argued that it capital-intensive large. In addition to being the center of the assembly and distribution, facilities latest later will include R & D center, he said. "In general, the facilities in Penang, it will issue three categories product, the consumer products such as loudspeakers, automotive parts, and equipment for use by professionals, "he said. In the meantime, Sullivan said, the choice of Malaysia as a hub for the Asia Pacific region attributed to four main factors. policy and trade agreements and the Malaysian government, he explained support the growth and stability, while the protection of intellectual property rights are protected. Malaysia also has a strong electronic product supply chain with sufficient skilled and highly qualified, as well as offering the best infrastructure and the effectiveness of transport links land, air and sea, he said.



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