KUALA LUMPUR: Mah Sing Group Bhd's new glove venture is on track to meet its targeted production date of April 2021.
Mah Sing said it had commenced additional piling works to accommodate 12 units of new, high speed glove dipping machines at its glove manufacturing factory in Kapar, Selangor.
The piling works are expected to be completed by November, to be immediately followed by installation of the machinery.
"These 12 production lines are Phase 1 of Mah Sing's ambitious diversification into gloves and has a maximum production capacity of up to 3.68 billion pieces of gloves per annum," it said.
Mah Sing founder and group managing director Tan Sri Datuk Sri Leong Hoy Kum said similar to its property development's fast-turnaround business model, the company was fast-tracking its diversification into gloves.
Leong said the company's first glove factory would be "ultra-long" to accommodate modern, high speed machines which can run at a speed of 38,000 pieces of gloves per production line per hour.
"The factory also has a suitable roof height to house these mega machines," he said.
The company has secured supply of both Nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet demand of its customers.
"We are targeting production by as early as April 2021," Leong said.
The first six production lines were expected to be ready for operation as early as the second quarter (Q2) 2021, followed by another six production by Q3 2021, it said.
Mah Sing has plans for Phase Two of the expansion plan, which includes exercising the option to take up the other portion of the Kapar factory (build-up of 287,500 square feet).
"This could accommodate another 12 new production lines and increase the capacity up to another 3.68 billion pieces of gloves per annum.
"The Phase 2 expansion is targeted to happen when demand outstrips supply for Phase 1," it said.
Mah Sing reiterated that the glove business to be able to generate revenue relatively quickly with the projected contribution estimated to come in as early as 2Q 2021.