Summary
Oliver Healthcare Packaging has inaugurated its largest plant in the region, a 120,000 sq ft facility located in the Johor-Singapore Special Economic Zone. This facility aims to produce medical-grade packaging items such as pouches, lids, and roll stock. The company plans to invest RM200 million (about S$60.4 million) into the facility, which is expected to create 450 jobs across various roles including quality, engineering, logistics, and supply chain. The facility is already operational and will gradually reach 20% utilisation by the end of 2026.
With the new plant, Oliver Healthcare Packaging aims to strengthen its operational presence in Asia-Pacific and mitigate supply chain challenges that were highlighted during the Covid-19 pandemic. The facility is well-positioned in Johor due to workforce availability and political stability, making it an attractive hub for medical device manufacturing.
Key Points
- Oliver Healthcare Packaging has opened a 120,000 sq ft facility in the Johor-Singapore SEZ, the largest in the region.
- The company is investing RM200 million and aims to create 450 new jobs.
- The facility will produce medical-grade packaging products like pouches, lids, and roll stock.
- Oliver expects the plant to reach 20% utilisation by the end of 2026.
- The location is seen as ideal for strengthening the supply chain and responding to growing demands in the Asia-Pacific market.
Why should I read this?
If you’re interested in the healthcare packaging industry or the ongoing developments in Southeast Asia’s manufacturing landscape, this article is a must-read! It sheds light on Oliver Healthcare Packaging’s significant investment in Malaysia, marking a strategic move that highlights regional growth opportunities and the company’s adaptation to recent global supply chain challenges. Don’t miss out on understanding these industry shifts!