New KTR Subsidiary in Singapore
Arthur Low is General Manager of KTR Systems Singapore Pte Ltd. ( Image source: KTR Systems GmbH)
With the foundation, the worldwide KTR network now comprises 25 subsidiaries. KTR Managing Director Nicola Warning says: "With the foundation of KTR Singapore we are pleased to have reached another milestone for the global expansion of the KTR Group and to have created a hub for supplying the South East Asian economic area, which will gain further importance due to the new free trade agreement RCEP. Furthermore, with our latest subsidiary we can also offer our international customers at their Asian locations a supply with our products in the usual quality and reliability. The geographical location of the new site also offers us the possibility of supplying our customers in ASEAN from our production sites in Taiwan, China and India. In addition to the cost and time savings from reducing overseas deliveries, which are beneficial to our customers, we are pleased to be able to take the next step in the direction of 'Go Green' and thus reduce CO2 emissions. Last but not least, in terms of risk mitigation, the further diversification of the footprint through the additional location in Singapore is a meaningful expansion for the KTR Group, helping to make the company even more resilient in an increasingly challenging environment."
The Singapore location is currently being built and set up. The plans are to commence full operations from October 2022.
Source: KTR Systems GmbH
