US Commercial Tools Firm Alton Group to Invest USD 419 Million For New Facilities in Malaysia
Alton Industry Ltd Group, a US-based industrial tools provider, plans to invest MYR 2 billion (USD 419 million) in Malaysia, enhancing its manufacturing and research & development operations. Part of this expansion involves creating a new production facility in...
Lenzing Indonesia Receives EU Ecolabel for Environmentally Friendly Fiber Production
The Lenzing Group, a global manufacturer of specialty cellulose fibers for the textile and nonwoven sectors, has gained EU Ecolabel accreditation for its fibers manufactured in Indonesia. This recognition signifies that Lenzing fibers manufactured in Purwakarta (PT...
Japan’s Murata Manufacturing to Expand Production Facility in the Philippines
Murata Manufacturing Co., Ltd., a Kyoto-based manufacturer of ceramic-based electronic components, has announced that it has finalized plans further to inject PHP 4.4 billion (USD 78.2 million) to expand its manufacturing facility in Tanauan City, Batangas province,...