The Inokom Vendors Park, which has a land bank of approximately 7 acres, shall house Inokom’s current vendors just next door to Inokom’s existing manufacturing facility. The first plant will house the Auto Part Manufacturers Co. Sdn. Bhd. (Seat Division), APM Plastics Sdn. Bhd. and APM Automotive Modules Sdn. Bhd. which are under APM Automotive Holdings Berhad. The size of the first plant is approximately 14,000 sq. ft.
This new undertaking is in line with Inokom’s long term commitment to ensure product quality while facilitating the development of its local vendors. The Inokom Vendors Park is a catalyst to the vendors by providing not only savings in terms of significantly reducing transportation cost but also reducing supplier lead time for local parts whereby child parts are brought in directly via the Penang Port. Coupled with Just In Time (JIT) practices, the Inokom Vendors Park will also reduce the need for storage at the Inokom manufacturing plant.
Further development of a 2nd plant is expected in the Inokom Vendors Park as several parties have indicated their interest. Inokom is in discussions with the interested parties in the hope that the entire Inokom Vendors Park landbank can be utilized in the near future.