KULIM, MALAYSIA – Aurelius Technologies has begun construction of a new manufacturing plant in Kulim Hi-Tech Park.
The plant, called P5, will be operated by Aurelius' subsidiary BCM Electronics and is planned to be complete by the end of 2024 and will feature 243,000 sq. ft. of advanced manufacturing and R&D space – including nearly 13,000 sq. ft. of clean room facilities, BCM said in a release.
"P5 sets the stage for Aurelius to introduce advanced manufacturing capabilities targeted for automotive components and advanced Internet of Things applications," BCM said.
The company said it will invest RM450 million ($95 million) into the facility over the next five years, and plans to develop the site into a technology hub.
"We are thrilled to begin construction of the P5 facility, which, once operational, will serve as a new technology hub for our new advanced products," said Aurelius CEO and executive director Loh Hock Chiang. "This expansion is pivotal for our growth strategy, especially to further grow our market share in automotive and IoT industries, where innovation leads the way."