Top Glove raises production capacity


The world’s largest glove producer said its production capacity was expected to increase more than 25% in 2021 to cater to the increase in global glove demand.

PETALING JAYA: In line with its strategic expansion plans, Top Glove Corp Bhd has launched a recruitment drive last month offering some 9,000 positions for Malaysians.

This represented an increase of 30% from its 7,000 new hires in 2020.

The world’s largest glove producer said its production capacity was expected to increase more than 25% in 2021 to cater to the increase in global glove demand.

Top Glove said the company would continue to further automate and digitalise its operations, thus creating the need for more skilled workers.

It has committed to provide a broad range of career choices for technical and vocational training and education (TVET) graduates.

It planned to hold monthly virtual career fairs, with the next event scheduled to take place on Feb 20. It was expected to increase the frequency of these fairs to twice a month, as needed.

The annual global glove demand growth is estimated to increase from a pre-pandemic level of about 10% to about 15% post-pandemic, according to Top Glove. It had earmarked RM10bil as capital expenditure for the financial years ending Aug 31,2021 to 2025.

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