Finland's Peikko launches new factory in Johor Bahru

• Peikko Asia-Pacific vice-president Michal Horak said the new €10 million (RM50.27 million) facilities comprise about 3,000 sq m (0.3 hectare) of space, and are equipped with cutting-edge machinery and production lines, enabling the company to provide even more precise and professional services to its valued clients.

JOHOR BAHRU (Oct 19): Finland’s Peikko Group Corporation, a global supplier of concrete connections and composite structures, has officially opened its newest factory, marking "an exciting chapter for the Asia-Pacific region".

Peikko Asia-Pacific vice-president Michal Horak said the new €10 million (RM50.27 million) facilities comprise about 3,000 sq m (0.3 hectare) of space, and are equipped with cutting-edge machinery and production lines, enabling the company to provide even more precise and professional services to its valued clients.

Leveraging its extensive expertise in precast and sustainable construction, he said, the new facility in Johor Bahru is ideally positioned to cater to the dynamic requirements of Malaysia, Singapore, Australia, and other Southeast Asian markets.

He said the opening of a new production facility is a logical step forward, as Peikko has had a sales and technical support team in Singapore for some years already, and Johor is strategically an excellent choice of location when increasing its operations in Malaysia and the broader Asia-Pacific region in the coming years.

“The Malaysian factory plays a vital role in meeting demands for Southeast Asia. The factory's presence allows us to better address local customer needs, reducing delivery times, and enhancing customer satisfaction.

“This is crucial for the Southeast Asian market, which is a rapidly growing region in need of swift and reliable solutions," Horak told a press conference here on Wednesday.

He added that the location also enables quick delivery of products to customers in the Malaysian and Singaporean markets.

"In an area of 3,000 sq m, we are able to manufacture various products from ribbed steel bars, wire ropes and steel plates, with a combination of various technologies," he said.

Horak shared that with a strong history of delivering innovative solutions, such as precast and cast-in-situ connections, Deltabeam® slim floor structures and lifting systems, Peikko Malaysia will now be able to provide its clients with precise and professional services, even faster delivery times, and improved accessibility to its cutting-edge solutions.

Meanwhile, Peikko Group Corp chief executive officer Topi Paananen said Peikko Malaysia eagerly embarks on this new chapter, and is committed to serving its customers, while making substantial contributions to Malaysia's vibrant construction landscape and beyond.

He further elaborated that the group would explore additional investment opportunities in Malaysia within the next two to three years, depending on business demands of the Johor Bahru facility, and needs of Asia-Pacific customers.

Besides that, Peikko Malaysia would create new employment opportunities in the region, and collaborate closely with local suppliers, contractors, and consultants to support the development of the construction sector in the region.

He reckoned that the factory would also strengthen collaboration and services with customers, as they can work closely with clients to meet their specific requirements, and provide customised solutions, while laying a solid foundation for their growth in the Southeast Asian market.

“Regarding the trends in precast construction and sustainable construction in the Asia-Pacific region, it's evident that the Southeast Asia area is undergoing rapid development.

"Precast construction technology plays a crucial role in improving efficiency and quality, especially with sustainable construction becoming a global trend," said Paananen.

He said as the factory supports precast construction and continuously drives innovation in sustainable construction, the company believes that by combining these two factors, Peikko would achieve sustainable growth in the Southeast Asian market, while delivering advanced construction solutions to the region.

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