BRI has intention and planned to expand its production lines and facilities to accommodate increasingly demand of ME gloves products from its purchasers and customers from around the globe.
The new production lines and facilities will have the latest technology and equipment to provide effective tool to strong footing in BRI in market competition to increase its production efficiency and cost-effectiveness. Semi auto and fully auto machines will be introduced to reduce human touch and error made on ME gloves which give better quality assurance.
The new manufacturing plant will be built on 8 acres of industrial land, and 4(four) 120 meters state-of-art fully equipped production lines will be installed which will produce addition of 968 million pieces of ME gloves once it’s fully completed. BRI will employ not less than 200 workers for its production activities. This will give BRI an estimated total of 1.353 billion pieces of ME glove to be distributed to its customer globally, which will be giving BRI a healthy income statement.
The Company intends to finance the construction of the new manufacturing plant by way of bank
borrowings and internal funds.
For the future development of BRI, the Board will look into upstream activities such as to engage business partnership with rubber plantation owners on the long term latex supply or to perform acquisition on rubber plantation. The center of excellent will also be built and organized to do research and development on advance usages and application of rubber/latex, and to produce many rubber products for consumers.