Property and Construction

Peikko Group Inaugurates State-of-the-Art Factory in Johor Bahru

Peikko Group, a prominent global provider of concrete connections and composite structures, celebrated the official inauguration of its factory in Malaysia on October 18, 2023, marking a significant achievement for both the company and the regional construction industry.

The grand opening event was graced by distinguished guests, including the Ambassador of Finland to Malaysia and Brunei Darussalam, His Excellency Sami Leino, and Commercial Counsellor, Region Head APAC, Embassy of Finland – Pekka Laitinen, who officiated the ceremony. Over 80 key stakeholders, representing customers, suppliers, partners, and authorities, were in attendance, emphasizing Peikko’s strong commitment to the Malaysian market.

The new facilities of the Peikko Group

The new facilities, spanning approximately 3,000 square meters, are equipped with state-of-the-art machinery and production lines, enabling the company to provide even more precise and professional services to its valued clients. With a strategic location in Johor Bahru and a 10 million Euro investment, Peikko is well-positioned to cater to the dynamic demands of Malaysia, Singapore, Australia, and other Southeast Asian markets.

Topi Paananen, CEO of Peikko Group Corporation, commented, “Opening a new production facility is a logical step forward, as Peikko has had a Sales & Technical Support team in Singapore already for some years. This strategically important location of Johor Bahru is an excellent choice for Peikko when increasing our operations in Malaysia and the broader Asia-Pacific region in the coming years.”

Michal Horak, Vice President of Peikko Asia Pacific, highlighted that Peikko Malaysia would offer precise and professional services, quicker delivery times, and improved access to their cutting-edge solutions, emphasizing the company’s commitment to meeting the evolving demands of the construction industry in Malaysia and the broader Asia-Pacific region.

This expansion reflects Peikko’s customer-centric approach and reinforces its brand reputation in the construction industry, positioning Peikko Malaysia as a key player in Malaysia’s construction landscape and beyond.

Read More from Business News Malaysia

Staff Writer

Recent Posts

Fed Holds Fed Funds Rate at 3.50-3.75% Amid Elevated Inflation Risks

The FOMC maintained that US economic activity continued to expand at a “solid” pace. Growth…

9 hours ago

RON95 rises 10 sen to RM3.97 per litre

Finance Ministry raises RON97 and RON95 prices, keeps diesel unchanged, urges prudent fuel use amid…

22 hours ago

MACC Continues Questioning James Chai Over RM1.11 Billion Project

MACC continues questioning James Chai over RM1.11 billion semiconductor project, with statements recorded from 17…

22 hours ago

Shopee Launches RM150 Million Lindung Niaga Initiative for MSMEs

Shopee launches RM150 million Lindung Niaga initiative to support MSMEs with shipping, financing, and fulfilment…

22 hours ago

Why Cybersecurity Must Be a Priority for Malaysian SMEs

Malaysia's SMEs must prioritize cybersecurity amidst rising online threats, employing strategies like Multi-Factor Authentication and…

1 day ago

Benchmark to trade within the 1,725–1,740

We expect the benchmark to trade within the 1,725–1,740 range today.

1 day ago

This website uses cookies.