Foresees Asia as a growth market for decades to come
Halton, a company specialising in indoor climate products and services, has announced moving its production to larger premises in Malaysia as part of its Asian expansion strategy, as it believed the region played a central role in targeting fast growth in the emerging markets. The opening ceremony of the new factory took place on November 29, the announcement added.
According to Halton, its success and rapid expansion in the region, and the need to increase capacity and support for customers, prompted it to move its current manufacturing facilities in Malaysia to larger premises. The new manufacturing facility will reportedly increase the company’s production product range serving the Asian region comprise the Middle East, India, Japan, Korea, New Zealand, and Oceania.
In this context, Olli Sipilä, Director for Halton Group, Asia, said that expanding into new markets allowed it to be close to its customers, and that it foresees Asia to be a growth market for decades to come.
Mika Halttunen, Halton Group’s Chairman of the Board, speaking at the inauguration, said: “The new facilities will increase our production capacity and product range offering. The demand for high-quality indoor environmental systems is growing in the whole Asian region. Halton’s brand new R&D centre, which was opened in Malaysia in March 2013, is also located in the same premises.”
Halton revealed that it had established its first Asian office and manufacturing facility in Malaysia in 1996, and has bases in eight countries in Asia and Pacific, including manufacturing facilities in Malaysia and China, and that earlier this year, opened its sales offices in the Philippines and Indonesia.
