VDL Enabling Technologies Group (VDL ETG), a Dutch contract manufacturer for high-tech capital equipment, opened a new building in Jurong on Monday (2 Jun), 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, it seeks to hire over 400 people in areas such as systems design and development, manufacturing, end-to-end supply chain management, and administration.