# VIP Gloves to build second factory with A$30 million investment

VIP Gloves Ltd is constructing a second factory on adjacent land, installing eight double former lines under a A$30 million two-year plan. The factory building is expected to complete in early 2022, with all lines commissioned by end of 2022.

- Type: Expansion
- Announced: 2021-05-06
- Where: Malaysia, Malaysia
- Value: $23.0M (30.0M AUD)
- Starts operating: 2022
- Status: under construction
- Products: rubber gloves
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [VIP Gloves Ltd](https://endata.com/companies/51029.md)

## Sources

- [proactiveinvestors.com.au](https://www.proactiveinvestors.com.au/companies/news/948610/vip-gloves-sees-gradual-earnings-increase-in-next-two-years-from-additional-capacity-with-full-impact-expected-in-fy24-948610.html), 2021-05-06: "VIP Gloves plans to install eight double former lines at the new factory, to be built on adjacent land owned by VIP, under a A$30 million two-year plan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.