D
i
alight Europe Ltd, a wholly owned subsidiary of Dialight plc, has acquired a five-year lease for a manufacturing facility in Penang, Malaysia. This move contributes to support Dialight growth strategy for Asia, accelerate speed to market and reduce inventory requirements.
Initially, the 40,000 square foot facility will supply Dialight’
s
industry leading status indication components for the region’
s
largest Electronic OEMs. Shortly thereafter, the facility will expand production to include Dialight’
s
industry leading LED lighting fixtures for industrial and hazardous applications.
The lease for the new facility commenced yesterday, 1 July 2012, and Dialight Penang Sdn. Bhd. is expected to start trading on 1 September 2012 when production begins. A local management team with extensive experience running similar electronic manufacturing facilities has been recruited.