Business

Supermax to invest US$350 mil in phase 1 of US manufacturing plant

Four-phase facility to produce 400 million gloves per month for each phase

Updated 4 years ago · Published on 17 Dec 2021 6:00PM

Supermax to invest US$350 mil in phase 1 of US manufacturing plant
Supermax says the project is its 18th manufacturing facility worldwide and the first in the US. – Social media pic, December 17, 2021

KUALA LUMPUR – Rubber glove maker Supermax Corporation Bhd plans to invest US$350 million (RM1.48 billion) in the first phase of its manufacturing facility in the United States.

In a statement to Bursa Malaysia today, the company said the 87-ha manufacturing facility in Brazoria county, Texas, would be undertaken by its US-based subsidiary, Master Healthcare Inc.

It said the four-phase manufacturing facility is expected to produce 400 million gloves per month for each phase, with phase one’s construction to begin in the first quarter of 2022 and to start production by Q4 2022.

“When all the four phases are completed, the total installed production capacity would be a whopping 1.6 billion gloves per month, or 19.2 billion gloves per annum,” it said.

According to Supermax, the phase one facility would consist of the group’s North American manufacturing headquarters, a research and development centre, trading centre and a full-fledged employee facility centre.

“This project will be Supermax’s 18th manufacturing facility worldwide and the first in the US,” it said.

The company said its board of directors had previously approved a capital expenditure of US$550 million for this investment.

Founder and executive chairman Datuk Seri Stanley Thai said the manufacturing plant would be equipped with world-class capabilities, such as automation, robotic engineering manufacturing with artificial intelligence and Industry Revolution 4.0.

“Our manufacturing facilities will also emphasise on renewable energy and wastewater management,” he said.

Supermax Healthcare Inc chief executive officer CK Tan said the manufacturing facility, when operational, would strengthen the US personal protective equipment supply chain by building capacities.

“We will be capable of catering to at least 10% to 15% of the total annual medical glove imports into the US over the next two to four years.

“As our capacity increases, we will be able to meet 20% to 25% of the demand and consumption in the US over the next four to six years,” he said.

Supermax Healthcare Inc is also a subsidiary of Supermax based in the US. – Bernama, December 17, 2021

Related News

Business / 3y

Supermax offers recruitment fee reimbursement to migrant workers

Malaysia / 4y

UK court to hear suit against govt for using gloves from M’sian firm

Malaysia / 4y

Go big on high-tech manufacturing to grow economy: Dr Mahathir

World / 4y

WHO sounds medical waste alarm following Covid-19

Business / 4y

Canada terminates contract with Malaysia’s Supermax over labour abuse allegations

Business / 4y

Supermax rolls out new migrant worker management policy

Spotlight

Malaysia

‘No such thing as Bangkok Move or Dubai Move’ – Ahmad Zahid

Malaysia

KSN: Rectify long waiting times, service challenges and workforce constraints at UMMC now

Malaysia

LGE trial: 4 to 5 meetings held before open tender bidding for road, undersea tunnel projects - witness

Malaysia

Najib marks 73rd birthday as legal battles continue from behind prison walls

Malaysia

Court orders police to probe foreign management institute

Malaysia

UMNO pushes back against Hamzah’s ‘PBN’ proposal, says BN-PN cooperation is not a new coalition

Malaysia

Form four student killed after car crosses into opposite lane in Setiu crash

World

France heatwave death toll rises to nearly 5,800 as extreme temperatures trigger record mortality

Culture

Penang: Three refurbished tourism attractions to be ‘reopened’ soon

By Ian McIntyre

You may be interested

Business

Oil prices soar to six-week high as Red Sea tanker attacks and Hormuz crisis stoke supply fears

Business

Malaysia - Hong Kong sign landmark pact to boost cross-border fund listings and dual IPOs

Business

MOF: US$1.5B Global Sukuk records 4.7 times oversubscription at lowest-ever spread

Business

Oil tops US$100 as Middle East conflict rocks markets, lifts US dollar