KUALA LUMPUR: Pecca Group Bhd intends to invest RM5 million to expand its face mask manufacturing segment, which is undertaken by wholly-owned Pecca Leather Sdn Bhd (PLSB).
In a statement today, Pecca said the planned capacity expansion would enhance its product range to include advanced mask models such as KF94, KN95 and N95 duckbill, to cater to increasing requirements among medical, corporate, and retail customers.
Of the RM5 million investment, a total of RM3 million is for the purchase of five new product lines, and RM2 million for building renovation.
The expansion is expected to complete in the third quarter of 2021 and will be funded entirely by internally generated funds.
Pecca had in August last year ventured into the production of medical, surgical and disposable face masks.
The company currently has seven production lines which mainly cater to three-ply and four-ply face masks.
PLSB is registered with the US Food and Drug Administration and certified to comply with the European Union's CE marking requirements, enabling Pecca to export is face masks to Asia, Europe and the US.
"Pecca envisions the healthcare segment to complement its automotive leather manufacturing segment, providing two engines to power the growth of the company in the longer term.
"With the possibility of the Covid-19 pandemic turning endemic, the use of face masks is likely to continue unabated and contribute strongly to the healthcare segment's future growth," the company said.