Indium Corporation celebrates the grand opening of its new manufacturing facility in Malaysia

Official Groundbreaking Ceremony of Indium Corporation’s New Manufacturing Facility in Penang

Indium Corporation’s footprint in the country will positively provide the company with the opportunity to explore more high value-added activities with domestic players for mutually beneficial outcomes.

—Datuk Wira Arham Abdul Rahman

PENANG, MALAYSIA, October 22, 2022 / — Indium Corporation, a U.S.-based global materials supplier to the electronics assembly and semiconductor packaging industries, held a grand opening for its new 37,500 square foot manufacturing facility with a special ceremony in Penang today.

The ceremony celebrated the new facility with a ribbon cutting, lion dance and comments from company officials, as well as community and industry leaders including Penang Chief Minister YAB Tuan Chow Kon Yeow; Chairman and Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Wira Arham bin Abdul Rahman; Chairman of Penang State Commercial Industry and Entrepreneurs Development Committee, YB Dato’ Haji Abdul Halim Bin Haji Hussain; and CEO of InvestPenang, Dato’ Loo Lee Lian. The ceremony concluded with a cultural performance and a site visit to the new facility.

Officiating the inauguration, Penang Chief Minister YAB Tuan Chow Kon Yeow said, “Penang is delighted to be the location of choice for Indium Corporation’s new manufacturing plant. The company’s investment decision is a recognition of the skilled talent, well-developed infrastructure and resilient environment the state has. Being widely regarded as one of the major players in the global semiconductor industry, Penang’s strong electrical and electronics (E&E) ecosystem is said to have paved the way for the sustainable development of the industry, providing a competent platform for supply chain actors to participate and thrive.”

YB. Dato’ Seri Mohamed Azmin Ali, Chief Minister and Minister of International Trade and Industry, responding to the announcement, said, “Indeed, our meeting with Indium Corporation in Washington DC during the Trade and investment in the United States of America in May 2022 was successful. Indium Corporation would serve as a catalyst to attract more players into the advanced welding materials industry and strengthen the local supply chain. To support the growth of the new company in Penang, Indium Corporation USA will provide technical expertise to assist with technical know-how, technology transfer, and local talent development and retraining. This is in line with the fourth strategic thrust of Malaysia’s new investment policy, which promotes the development of high-impact, innovative investments conducive to the creation of highly skilled jobs. This is absolutely imperative to add value and positively impact the economic complexity that defines Malaysia’s long-term growth trajectory. I am confident that this investment will both deepen the strong Malaysian-US trade relationship and that Malaysia will remain a preferred investment destination for high-quality, sustainable US investment.

Datuk Wira Arham Abdul Rahman, CEO of MIDA, said, “We welcome the presence of Indium Corporation in Malaysia as it signals confidence in the continued sustainable growth of the national economy. Indium Corporation’s footprint in the country will positively provide the company with the opportunity to explore more high value-added activities with domestic players for mutually beneficial outcomes and to become an important industrial partner of Malaysia in the country. advanced welding materials industry.

“The establishment of the company’s new manufacturing facility will further strengthen Malaysia’s ecosystem and nurture the country’s local supply chain, which will help unlock new opportunities not only for the metals industry, but also for machinery and equipment (M&E), automotive, E&E and semiconductors. industries.” added Datuk Wira Arham.

Indium Corporation President and Chief Operating Officer, Mr. Ross Berntson, said, “Indium Corporation is proud to continue its business operations in Malaysia for over 40 years with the inauguration of our new manufacturing facility in Penang. . This new facility will allow us to further support our customers in the automotive, semiconductor, power electronics, e-mobility, industrial and IT and other markets.

Indium Corporation produces a diverse line of solder and solder paste products, including materials for electronics assembly, electric mobility, power electronics, and advanced packaging for the semiconductor markets.

Earlier this year, the company announced its investment of RM250 million for its expansion into Malaysia with this new manufacturing facility for its advanced solder paste, high performance thermal materials and innovative solder products. The new plant has started manufacturing activities and will continue to increase production capacity to better serve the company’s customers in Malaysia and the surrounding region, including Thailand and Vietnam.

The new plant will manufacture the following products:
• Solder Pastes: Indium Corporation is vacuum avoidance® market leader, providing proven and innovative products that eliminate defects and provide high reliability. The latest innovation, patented Durafuse™ LT technology, delivers exceptional reliability while reducing energy consumption and carbon footprint.
• Thermal Interface Materials (TIMs): Indium Corporation is an industry leader in high performance solder and metal based TIMs for a variety of applications.
• Solder Preforms: Indium Corporation’s innovative and proven material solutions for die bonding and power semiconductor applications are designed to increase productivity, performance and efficiency. The patented InFORMS® and other preform products meet the highest standards in power electronics applications.

Penang is also home to the company’s Malaysia Tech Hub, a regional hub for the development of electronics assembly and customer service expertise, as well as a manufacturing and logistics support hub.

Mrs. Zakiah Sajidan
Malaysian Investment Development Authority
+6 03-2267-6769
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Marjorie N. McClure