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Business Times
3 days ago
- Business
- Business Times
Dutch high-tech equipment maker VDL ETG opens new facility in Singapore
[SINGAPORE] VDL Enabling Technologies Group (VDL ETG), a Dutch contract manufacturer for high-tech capital equipment, opened a new building in Jurong on Monday (June 2), and plans to invest S$100 million to grow its operations here over the next five years. Located in the Pioneer area, the new 20,000 square-metre building, named SQ1, houses an office block, warehousing and logistics space, and cleanroom manufacturing space. In a statement, VDL ETG Singapore said the office block would be the main 'brain' – where its employees from teams, including engineering, manufacturing, technology development and supply chain, would come together to collaborate and innovate. This is so that the company can meet the current and future demand of customers and tackle challenges to enable the growing demand of the semiconductor wafer fab equipment industry. VDL ETG Singapore, which aims to grow its revenue from the current S$400 million to S$1 billion in the next five to six years, is supported by Singapore's Economic Development Board (EDB) and JTC Corporation (JTC). VDL ETG Singapore currently employs about 800 staff. Over the next few years, VDL ETG Singapore seeks to hire over 400 people in areas such as systems design and development, manufacturing, end-to-end supply chain management and administration. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Close relationship Speaking at the opening ceremony of SQ1, EDB managing director Jermaine Loy said the facility's opening reflects 'the close relationship' between Singapore and the Netherlands as both countries mark 60 years of bilateral relations this year. 'VDL's continued investments in Singapore reflect not just its trust and confidence in Singapore's stable business environment, but also its commitment to do more here,' he added. VDL ETG Singapore is the key contract manufacturer that supplies key modules to the local factories of the original equipment manufacturers of key wafer fab equipment. The company also works with these factories in areas such as surface treatment, product cleaning and precision part fabrication. VDL ETG Singapore said in its statement that the launch of SQ1 paves the way for the company to develop new equipment like precision-engineering tools and automated systems to enhance semiconductor production capabilities. The equipment enables manufacturers to achieve higher yields and better quality control, leading to more reliable and efficient production processes. VDL ETG Singapore's managing director Chiam Sing Chung said: 'The company's latest expansion at the SQ1 facility not only signals investment in infrastructure. It reflects a deliberate and strategic partnership with local suppliers, aimed at creating a smarter, more resilient manufacturing ecosystem.' In his speech, EDB's Loy noted that advanced manufacturing is crucial to Singapore's economy, as it contributes nearly 20 per cent to the city-state's gross domestic product. He added that the semiconductor industry accounts for 6 to 7 per cent of GDP and employs some 35,000 people. About one in 10 chips, and one in five units of semiconductor equipment produced globally every year is made in Singapore.
Business Times
3 days ago
- Business
- Business Times
High-tech equipment maker VDL ETG opens new facility in Singapore
[SINGAPORE] VDL Enabling Technologies Group (VDL ETG), a Dutch contract manufacturer for high-tech capital equipment, opened a new building in Jurong on Monday (June 2), and plans to invest S$100 million to grow its operations here over the next five years. Located in the Pioneer area, the new building, named SQ1, houses an office block, warehousing and logistics space, and cleanroom manufacturing space. In a statement, VDL ETG Singapore said the office block would be the main 'brain' – where its employees from teams, including engineering, manufacturing, technology development and supply chain, would come together to collaborate and innovate. This is so that the company can meet the current and future demand of customers and tackle challenges to enable the growing demand of the semiconductor wafer fab equipment industry. VDL ETG Singapore, which aims to grow its revenue from the current S$400 million to S$1 billion in the next five to six years, is supported by Singapore's Economic Development Board (EDB) and JTC Corporation (JTC). Speaking at the opening ceremony of SQ1, EDB managing director Jermaine Loy said the facility's opening reflects 'the close relationship' between Singapore and the Netherlands as both countries mark 60 years of bilateral relations this year. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'VDL's continued investments in Singapore reflect not just its trust and confidence in Singapore's stable business environment, but also its commitment to do more here,' he added. Investment in infrastructure VDL ETG Singapore is the key contract manufacturer that supplies key modules to the local factories of the original equipment manufacturers of key wafer fab equipment. The company also works with these factories in areas such as surface treatment, product cleaning and precision part fabrication. VDL ETG Singapore said in its statement that the launch of SQ1 paves the way for the company to develop new equipment like precision-engineering tools and automated systems to enhance semiconductor production capabilities. The equipment enables manufacturers to achieve higher yields and better quality control, leading to more reliable and efficient production processes. VDL ETG Singapore's managing director Chiam Sing Chung said: 'The company's latest expansion at the SQ1 facility not only signals investment in infrastructure. It reflects a deliberate and strategic partnership with local suppliers, aimed at creating a smarter, more resilient manufacturing ecosystem.' In his speech, EDB's Loy noted that advanced manufacturing is crucial to Singapore's economy, as it contributes nearly 20 per cent to the city-state's gross domestic product. He added that the semiconductor industry accounts for 6 to 7 per cent of GDP and employs some 35,000 people. About one in 10 chips, and one in five units of semiconductor equipment produced globally every year is made in Singapore. Over the next few years, VDL ETG Singapore seeks to employ over 400 employees in areas such as systems design and development, manufacturing, end-to-end supply chain management and administration.
Straits Times
3 days ago
- Business
- Straits Times
Semiconductor equipment supplier VDL Group opens new facility in S'pore, will expand hiring
The facility will boost the company's existing manufacturing capacity in Singapore by 30 per cent. PHOTO: LIANHE ZAOBAO SINGAPORE – A Dutch semiconductor manufacturing equipment supplier with roots in Singapore going back to 1970 opened a third facility on June 2 and said it plans to hire 400 more staff here over the next five years. VDL Enabling Technologies Group's new 20,000 sq m facility in Pioneer comprises an office block, warehousing and logistics space, and a clean room that produces parts for companies that make semiconductor manufacturing equipment. The facility, called SQ1, will boost the company's existing manufacturing capacity in Singapore by 30 per cent. VDL said it had invested more than $50 million in the plant, but declined to disclose the exact amount. The company currently employs around 800 staff in Singapore. While SQ1 has capacity for 100 staff, the remaining new hires will be spread across its other facilities. Roles include those in engineering, supply chain management and administration. VDL Singapore managing director Chiam Sing Chung told The Straits Times on June 2 that the company will invest another $100 million over the next five years to upgrade infrastructure at its two existing manufacturing plants and at SQ1. The investment will go towards hardware, machinery and clean room facilities. Mr Chiam added that VDL Singapore has not seen 'a very adverse effect' from global tariffs so far, and is aiming to grow its revenue from the current $400 million to $1 billion within the next five to six years. 'If we talk about a realignment of the supply chain, then Singapore, generally speaking, is a good place for this realignment, so we see some new opportunities coming along,' he said. Headquartered in Eindhoven, the Netherlands, VDL has had a presence in Singapore for 55 years. It set up its first plant here in 1970 as the Philips Machine Factory, producing parts for its then parent company, Philips. VDL now has operations in 20 countries. Mr Jermaine Loy, managing director at the Economic Development Board, said at the opening ceremony of the new facility that Dutch companies such as VDL have been integral to Singapore's economic transformation, playing key roles across different sectors, including energy, electronics and precision engineering. He also noted that Singapore's semiconductor industry accounts for about 6 per cent to 7 per cent of the country's gross domestic product and employs around 35,000 people – about 10 per cent of chips and 20 per cent of semiconductor equipment produced globally each year are made here. 'We have built a comprehensive semiconductor ecosystem – from integrated circuit design, to wafer fabrication, to assembly, testing and packaging, to headquarter functions and R&D (research and development), and supported by a strong network of semiconductor equipment and materials companies,' said Mr Loy. Join ST's Telegram channel and get the latest breaking news delivered to you.
