Methode to invest up to 12.5 mln eur in Malta-minister

Newswire

VALLETTA Feb 24 (Reuters) Methode Electronics Inc will invest 6.5 million euros ($8.28 million) on new production lines in Malta and may invest a further 6 million euros next year, the Maltese finance minister said on Tuesday. "The group has reached an agreement with the Maltese government which will see it sustain its production facilities in Malta by opening new lines of production," Tonio Fenech told a news conference. The U.S. electronic component maker has two factories in Malta. ...

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