Top Glove Corporation Bhd Overview
Company Headquarter: Malaysia
Founded: 1991
Workforce: ~18,000
Company Working:
Top Glove Corporation Bhd designs, manufactures, and sells rubber goods and gloves, across the world. It offers gloves that are made using various materials including latex, nitrile, thermoplastic elastomer, cast polyethylene, and vinyl. The company offers gloves in various categories including surgical gloves, examination gloves, household gloves, food handling gloves, and industrial gloves. It also offers chemicals, rubber dental dams, condoms, concentrated latex, formers, and various rubber products.
Top Glove Corporation Bhd has 40 manufacturing facilities with 648 production lines and exports its product to 195 countries across North America, Latin America, Europe, Africa, Asia, and Oceania. Great Plantations Co., Ltd., Top Glove Properties Sdn. Bhd., Top Glove Labuan Limited, Great Glove Sdn. Bhd., and Top Glove Medical (Thailand) Co. Ltd are some of its subsidiaries.
Strategy
Top Glove Corporation Bhd is mainly focusing on expansion as a strategy to expand its global presence. It is concentrating on expanding its international operations and its sales and distribution capabilities in India, China, the Middle East, and Central and South America, where long-term growth prospects are strong. The company is extensively investing in research and development, infrastructure, and brand development. It is focusing on acquiring major glove companies to improve its product portfolio and enhance its glove production capacity. For instance, in April 2018, Top Glove Corporation Bhd acquired Aspion Sdn Bhd and its two manufacturing facilities.
