YHI adds Proton OE supply to Malaysia factory output
YHI reports that its expanding Malaysia factory has gained some new OE deals including one with Proton as part of its strategy to grow its aftermarket and OEM businesses in Malaysia and wider region. According to YHI, the contract is to supply alloy wheels to Proton for its Satroa Meo R3, Global Small Cars and Saga FLX models. This order of alloy wheels will be manufactured at the Group’s Malaysia plant.
In related news the company also announced that new machines for the phase two expansion of the Malacca factory have now been fully installed and trial production started in June. With the phase two installation complete, the Malacca factory now has an annual production capacity of 600,000 wheels.