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NEW YORK Stock Exchange-listed Agilent Technologies announced on Wednesday that it will invest S$85 million over the next five years to increase its advanced manufacturing and applied research and development capabilities in Singapore.
The plan will see Agilent, which makes laboratory instruments, adding 30,000 square feet within its existing facility in Yishun and creating about 100 new jobs in R&D, advanced manufacturing, service and sales over the next five years.
This move will enable the Singapore facility to offer complete end-to-end manufacturing, testing, and supply chain management, equipped with state-of-the-art automated systems.
Chow Woai Sheng, vice-president and country general manager of Agilent Singapore, said: "The expansion will leverage advanced manufacturing systems and automated production technologies to support the production of a broader range of high-end analytical instruments, especially our mass-spec products."
Agilent's scientific instruments are used in a variety of industries such as the pharmaceuticals, chemicals and energy industries.
Agilent moved to its Yishun facility in 2002.