TEXT: NAME_1+NAME_2 opened its new high technology manufacturing facility in Batu Kawan Industrial Park in Penang, Malaysia. The facility is 250,000 square-foot and is worth more than USD 100 Mn in investment which will primarily support the company’s orthopedics business, which is expected to grow strongly in the Asia Pacific region.
• This new facility will enable NAME_1+NAME_2 to serve customers and their patients sustainably through advanced manufacturing and is aligned to the company’s refreshed Strategy for Growth pillar to strengthen its foundation
• Up to 800 new local jobs in manufacturing, engineering and supply chain will be created over the next few years with key roles already filled
• NAME_3, CEO of NAME_1+NAME_2 said, “We are thrilled to open this new manufacturing facility in Malaysia which represents our commitment to Asia Pacific, Malaysia, our customers and their patients. It is also a critical piece of our Strategy for Growth, improving efficiency and resilience, and supports our purpose of Life Unlimited so that patients across the region and beyond can return to living life to their fullest.”Classify the above INPUT TEXT into ONE OF these CATEGORIES ONLY (NO OTHER CATEGORIZATION SHOULD BE DONE):Industry Events,Business Expansion,Commercial Strategy Updates, Supply Chain,Pipeline Updates,Financial Highlights,Deals,Other. JUST GIVE CATEGORY NAME NO EXPLANATION IS REQUIRED Provide exactly two different responses that are separated with 6 asterisk symbols: ******.
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