NAI Group to Open New Manufacturing Facility In Malaysia

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TROY, Mich.--(BUSINESS WIRE)--Nov 20, 2024--

NAI Group (“NAI” or the “Company”), a provider of advanced high-performance interconnect solutions for mission-critical industrial technology, medical, and telecommunications applications, today announced the expansion of its manufacturing footprint into Southeast Asia. The new facility, based in Malaysia, is expected to be fully operational in the second quarter of 2025.

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The state-of-the-art facility, located in the Bayan Lepas Industrial Park in Penang, Malaysia, will enable NAI to deliver high-quality products and enhance flexibility to meet the evolving needs of its customers. Importantly, this new facility will enhance NAI’s capabilities in both fiber and copper interconnect solutions, reinforcing its commitment to delivering cutting-edge, reliable systems that meet increasing customer demand in this key region.

“Expanding into Southeast Asia marks a key milestone in NAI’s growth journey,” said Brian C. Strauss, CEO at NAI. “With operations in Malaysia, NAI will be better positioned to serve our international customer base and tap into the region’s new and dynamic opportunities. The Penang facility will play a pivotal role in advancing our production capacity and reinforcing our position as a provider of mission critical solutions.”

The Malaysia facility complements NAI’s current manufacturing facilities in Warrenville, Illinois; Nogales, Arizona; two facilities in Hermosillo, Mexico; Guadalajara, Mexico; and Suzhou, China.

About NAI Group

NAI Group is a provider of advanced, high-performance connectivity solutions that support mission critical applications across industries such as industrial technology, medical, telecommunications, and aerospace & defense. NAI custom interconnect solutions are designed for scalability and flexibility, leveraging cutting-edge technology and advanced engineering expertise. NAI delivers essential fiber optic, copper, and hybrid connectivity solutions that enable a wide range of applications, ensuring reliability and innovation in every solution.

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CONTACT: Dan Scorpio / Lauren Hilliker

H/Advisors Abernathy

+1 (312) 640-3111 / +1 (212) 371-5999

[email protected]/[email protected]

KEYWORD: MICHIGAN UNITED STATES MALAYSIA NORTH AMERICA ASIA PACIFIC

INDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKS HEALTH ENGINEERING TECHNOLOGY AEROSPACE MANUFACTURING OTHER HEALTH

SOURCE: NAI Group

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PUB: 11/20/2024 07:00 AM/DISC: 11/20/2024 07:02 AM

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