Showing posts with label stamping machine. Show all posts
Showing posts with label stamping machine. Show all posts

Monday, November 11, 2019

Perodua Invests RM7 Million into IQM Sdn Bhd to Centralise Their Old Model Body Parts Manufacturing



This piece of news happened a couple of weeks ago but it is interesting in terms of investments made in the Malaysian automotive industry. Our folks at Perodua has basically  centralised their parts production for its past models with the launch of a new press stamping machine (seen in the photo above) at its supplier's facility, IQM Sdn Bhd. The RM7 Million investment is unique in that it shows that Perodua is still catering to their older customers by providing a constant supply of spare parts for their past generation vehicles aside from expanding their supplier's capabilities so that they may eventually compete on a global level.