STOCKHOLM, SWEDEN (May 10, 12:15 p.m. ET) — Rosti AB has strengthened its presence in Asia with a new subsidiary, Rosti Integrated Manufacturing Solutions (IMS), located in Senai in southern Malaysia.
The move follows the company's moves into China (2001) and India (2008).
“Many of our customers are establishing a presence in South East Asia,” said David Knight, Rosti's chief operating officer for Asia, in a news release. “Senai in Malaysia is a good location for Rosti due to the stable industrial and economic environment coupled with the close proximity to our customers and also to Singapore where many global enterprises have regional headquarters.
“In the 10 years since we set up in China we have enhanced our reputation not only as a high-end injection molding company but also as a fully integrated manufacturing solution provider from conceptual level to high-value products. It's a natural step therefore for Rosti to duplicate this capability in South East Asia,” added Knight.
The new subsidiary, Rosti IMS, holds a factory space of 54,000 square feet and will employ up to 150 people by the end of 2012.