Smith+Nephew, the global medical technology business, founded in Hull, UK, in 1856, breaks ground on new high technology manufacturing facility in Batu Kawan Industrial Park, Penang.
The 250,000 square-foot new facility which will create 800 new jobs over the next five years will primarily support Smith+Nephew’s Orthopaedics franchise. This will include roles in manufacturing, engineering and supply chain.
“On behalf of the Penang State Government, I wish to congratulate Smith+Nephew on this milestone – ground-breaking of its first South-East Asia manufacturing facility,” said Y.A.B. Tuan Chow Kon Yeow, Chief Minister of Penang.
The medical technology and devices industry is playing an increasingly important role in Penang. Today, 8 out of 30 top global medical devices companies, based on 2018 revenue, are operating or have announced their investments in Penang including Smith+Nephew.
“I foresee that Penang will continue to gain traction in attracting global players in the medical devices industry, ”Chow added.
According to Mark Gladwell, President of Global Operations, Smith+Nephew, who opened the ground-breaking ceremony, “They are delighted to start work on this new facility which will be an important addition to their global manufacturing footprint. We look forward to seeing the development of the new site, and, as they move forward, welcoming new employees to Smith+Nephew.”
Dato’ Azman Mahmud, Chief Executive Officer of MIDA, said, “We are proud that Smith+Nephew has recognised Malaysia as an ideal home to meet its burgeoning regional demands. Given the vibrant business environment prevailing in the country, we are optimistic that Smith+Nephew will benefit from the established ecosystem and facilities that Malaysia and specifically Penang, offers. The presence of Smith+Nephew will contribute to raising the standard of our medical devices industry and in turn, lift Malaysia to centre stage in the global investment arena of medical technology manufacturing.”
Smith+Nephew is a portfolio medical technology business that exists to restore people’s bodies and their self-belief by using technology to take the limits off living. Their 17,500+ employees deliver the mission ‘Life Unlimited’ every day, making a difference to patients’ lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global franchises of Orthopaedics, Advanced Wound Management and Sports Medicine & ENT.