US Firm Expands to the Philippines for HEPA Filter Manufacturing
US-based NanoForge Technologies, a subsidiary of the outsourcing firm Wagmi Solutions, is embarking on a strategic move to diversify its manufacturing operations away from China and Mexico. The company plans to establish a new facility in the Philippines, a decision...
TTM Technologies Makes USD 200 Million Investment in Penang Manufacturing Plant
US-based semiconductor giant TTM Technologies has committed a substantial investment of USD 200 million to establish its inaugural manufacturing plant in Malaysia. This facility, situated in Penang Science Park within the Northern region of the country, is tailored...
South Korea Company Invests USD 1 billion for Bio-textile Material Production in Vietnam
The South Korean producer of spandex Hyosung TNC Corp. is set to invest USD 1 billion in new bio-textile material facilities in Vietnam, aiming to propel its growth in eco-friendly sectors. The company recently obtained approval from the provincial government to...