KUALA LUMPUR, Malaysia (Jan. 10, 2008) — Top Glove Corp. Bhd. plans to spend $30.5 million in capital projects this year.
The company, which claims to be the world´s largest glove manufacturer, said it is searching for production facilities in Malaysia. An official said Malaysia offers cheaper energy costs, an educated workforce, stable government and is the base for key management.
Top Glove currently operates 18 factories.