Alleima has decided to establish a production footprint for its medical business in Asia by opening a new facility in Penang, Malaysia. This will further strengthen the company’s medical wire manufacturing capacity.
The new production facility will enable Alleima to capture opportunities from the growing demand in the region by increased capacity and improved manufacturing flexibility, staying close to customers. Site preparations will start at the end of 2024, with first commercial deliveries in 2026.
Penang, Malaysia, is a growing Asian hub for medical companies.
Alleima’s ultra-fine medical wire is used in applications in various fields of medical technology, such as remote patient monitoring, vascular therapy, sensing and neurostimulation.
The facility will be governed within the Kanthal division of Alleima, which currently has production of medical products in Europe and the US.
