Latest news with #Skinrock
The Sun
18-05-2025
- Business
- The Sun
NES Security Door forges alliance with Swiss firm Skinrock, eyes innovation and export growth
PETALING JAYA: NES Security Door Marketing Sdn Bhd, a Malaysian manufacturer of security and safety doors, formalised an international collaboration with Switzerland-based Skinrock AG, marking the start of a strategic alliance focused on material innovation and international market growth. A memorandum of understanding (MoU) signing ceremony was held in conjunction with the official launch of NES's newly completed manufacturing facility in Klang, Selangor, officiated by Investment, Trade and Industry deputy secretary-general (industry) Datuk Hanafi Sakri. The collaboration comes as Malaysia's manufacturing sector demonstrated vigorous growth with sales reaching RM1.9 trillion in 2024, a 4.6% increase over the previous year. This includes the non-metallic mineral products, basic metal and fabricated metal products sub-sector, which covers steel and aluminium fabrication, recording a 3.2% year-on-year sales growth in December 2024, reflecting healthy performance in areas aligned with NES's core manufacturing focus. Skinrock is globally recognised for its pioneering development of ultra-thin, flexible natural stone veneers that are used extensively in high-end architectural and interior design applications. Under the MoU, NES and Skinrock will explore collaborative opportunities in product integration, research and development, and international distribution, including applying Skinrock's natural stone veneers in NES's upcoming products. Hanafi said, 'By bringing together Skinrock's expertise in natural stone technology with NES's commitment to high-quality, design-driven production, this partnership lays the foundation for creating export-ready products that are both functional and architecturally unique. It reflects a growing confidence in the ability of Malaysian companies to deliver differentiated solutions for the global market.' Skinrock founder Uelli Stiffler said in his speech, 'We're excited to deepen our presence in Southeast Asia through this collaboration. Working with NES allows us to explore new applications and bring our material innovation to a broader market. We hope this inspires more cross-border partnerships between European and Malaysian industries.' With the new factory boosting NES's production capacity from 800 to 2,000 units per month, the partnership arrives at a pivotal moment as the company positions itself to capitalise on Malaysia's dynamic, export-driven manufacturing sector. NES's export roadmap for 2025 targets markets in Taiwan, the Philippines and Australia, with plans to expand into North America, South Asia and the Middle East. Backed by a targeted 20% annual growth rate, NES aims to generate RM45 million in annual export revenue by 2027. 'This MoU is a major milestone, but it is part of a much bigger journey,' said NES founder Datuk Seri Dom Tee. 'We're not just building doors, we're building a globally competitive brand. Our sights are set on going public by 2028, with a market valuation target of RM400 million. With meaningful partnerships and consistent growth, we're confident that we can provide a platform for Malaysian companies to stand tall globally.' Looking ahead, NES will debut new offerings under the NES x Skinrock brand, incorporating Skinrock's natural stone veneers as a distinctive design and selling feature. Among the upcoming initiatives is the 'Master Craft's Artist' series, a curated line of one-of-a-kind doors created in collaboration with local andinternational designers, highlighting the artistic and technical potential of Malaysian manufacturing.
New Straits Times
18-05-2025
- Business
- New Straits Times
Malaysia's NES to expand exports to North America, South Asia and Middle East
KLANG: Residential security door specialist NES Security Door Marketing Sdn Bhd has outlined an export expansion targeting Taiwan, the Philippines and Australia this year. NES' future plans are to venture into North America, South Asia and the Middle East. The company took a major step forward with the opening of its new factory at the Meru Barat industrial area in Klang, Selangor. Founder and chief executive officer Datuk Seri Dom Tee said the new factory will boost NES' production capacity from 800 to 2,000 units per month. "The opening of the new plant is timely and aligns with the company's strategy to penetrate the growing export market." Tee said in 2024, export-oriented industries contributed 70.1 per cent of total national manufacturing sales, a 7.1 per cent increase from the previous year. "This reflects a strong indicator of Malaysia's global competitiveness. "With an annual growth target of 20 per cent, NES aims to generate RM45 million in annual export revenue by 2027," he said at the launch on Saturday. NES also formalised an international partnership with Switzerland's Skinrock AG, a pioneer in ultra-thin natural stone veneer technology, through a memorandum of understanding (MoU). According to Tee, the agreement is not just about expanding operations, but marks the beginning of NES' long-term strategy to produce design-driven, technology-enabled and uniquely material-based products with a clear mission to enter the global premium market. "This agreement is a significant milestone, but it's just the beginning of a larger journey. We're not just making doors. What we're building is a brand capable of competing globally. "Our goal is to be publicly listed by 2028, with a target market valuation of RM400 million. With strategic partnerships and consistent growth, we believe we can become a platform for local companies to shine on the global stage," he said. One of the initial initiatives from the partnership is the launch of a new 'NES x Skinrock' series, featuring natural stone veneer as a key design element. "This range will also showcase the Master Craft's Artist special collection – limited edition doors co-designed with both local and international designers, blending artistic creativity with local craftsmanship. "This initiative not only strengthens NES' position in the market but also demonstrates how local industry players can harness global technology to create competitive, unique, world-class products," Tee said. Skinrock founder Uelli Stiffler said the company is excited to break into the Southeast Asian market through its partnership with NES. "Working with NES opens up new opportunities to explore applications of our material technology and bring this natural stone veneer innovation to a broader market. "We hope this collaboration will inspire more cross-border partnerships between European and Malaysian industries," he said.
