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Accellent Opens New Facility in Asia to Serve Local Markets
Accellent Inc., a provider of outsourced medical device manufacturing services, has opened a 65,000-square-foot manufacturing plant in Penang, Malaysia. The new facility joins plants in five countries. Accellent currently has 14 manufacturing facilities in 12 U.S. states as well as manufacturing operations in Germany, Ireland, Mexico and the United Kingdom.
“This site will serve as an important hub for our Asia business since several of our key customers are located nearby,” said Donald Spence, president and CEO of Accellent. “We also expect that this new facility will provide cost-effective solutions for our other global markets.” Penang appealed to the company because of the stable politicalenvironment, Spence added.
In addition, Accellent was able to purchase and transform the plant in less than 12 months as a result of support from several economic development organizations.
Accellent is privately owned and based in Wilmington, Mass.
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