MKS Instruments To Build A Super Center Factory In Malaysia, With Groundbreaking Expected To Commence In Early 2025
Portfolio Pulse from Benzinga Newsdesk
MKS Instruments, Inc. (NASDAQ:MKSI) announced plans to build a Super Center factory in Penang, Malaysia, to support wafer fabrication equipment production. The construction will occur in three phases, with groundbreaking expected in early 2025.
June 10, 2024 | 1:14 pm
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MKS Instruments plans to build a Super Center factory in Penang, Malaysia, to support wafer fabrication equipment production. Groundbreaking is expected in early 2025.
The announcement of a new factory indicates potential growth and expansion for MKS Instruments. This could positively impact the company's stock price in the short term as investors anticipate increased production capacity and revenue growth.
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