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Malaysia’s Supermax to invest $350 million for first U.S. facility -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Workers gather rubber gloves in Top Gloves’ factory at Klang outside Kuala Lumpur on March 11, 2008. REUTERS/Bazuki Muhammad (MALAYSIA)/File Photo

KUALA LUMPUR, (Reuters) – Supermax Corp of Malaysia announced Friday that it will invest $350M to build its first American manufacturing plant.

Supermax stated that the facility will be “capable to cater to at least 10% to 15% of total medical glove imports to the United States in the next two-to four years”.

Supermax, a U.S.-based unit Maxter Healthcare Inc, will build the facility on 215 acres of Texas. It could supply 20%-25% US demand over the next 4 to 6 years.

Maxter will construct the facility in four stages. Each phase is expected to produce 400,000,000 gloves per month. This gives the plant a total annual production of 19.2 million gloves. Production will commence in the fourth quarter 2022.

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