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Pri·Med setting up manufacturing facility in Vientiane

06 Jul '20
2 min read
Pic: PR Newswire
Pic: PR Newswire

Edmonton-based Pri·Med Medical Products, a worldwide leader in manufacturing single-use medical personal protective equipment (PPE) including face masks, gowns and examination gloves, is setting up a new manufacturing facility in Vientiane, Laos. The new location broke ground in February 2020 and is expected to be operational in the first half of 2021.

When complete, the facility will employ an estimated 300+ people.

"The government of Canada is pleased to see another substantial, long-term investment in Laos by a reputable Canadian firm with a successful track record," said Dr. Sarah Taylor, ambassador of Canada to Laos. "With its manufacturing know-how and socially responsible business practices, Pri·Med is exactly the kind of quality investor Laos has been seeking to diversify its export production and tap into global value chains."

Pri·Med has successfully operated Wholly Owned Foreign Enterprises (WOFEs) in China since 2007, employing close to 900 workers and providing high-quality medical products to their global customer base. In recent years, due in part to its membership in the ASEAN Economic Community, Laos has emerged as one of the fastest-growing locations for foreign-operated manufacturing, primarily in exports of electronics, telecommunication and electrical equipment. The value of manufacturing exports nearly tripled in the five years between 2013 and 2017 from $270 million to $780 million.

"Our new Laos manufacturing facility affirms Pri·Med's commitment to our continued global leadership in the manufacturing and supply of high-quality face masks and isolation gowns," said David Welsh, president and CEO of Pri·Med. "COVID-19 is reaffirming the significance of a diversified supply chain. Vertical integration of key input materials and expanding our manufacturing footprint are important strategies in strengthening Pri·Med 's supply chain continuity."

Founded in 1995, Pri·Med has established itself as the leading supplier of personal protective equipment (PPE) in Canada. The company's products are found in nearly every hospital in Canada as well as hundreds throughout the United States, Europe, Asia, South Africa, Australia and New Zealand.

Fibre2Fashion News Desk (SV)

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