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    Breaking News

    Paramit Opens New Facility in Malaysia

    Company boasts Penang site is better than best-in-class medical device design and manufacturing hub.

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    Paramit01.11.17
    Paramit, the “zero-defect” medical device and life sciences contract manufacturer, today announced the official opening of its new 162,000 square foot facility located in Penang, Malaysia. The event is officiated by Tuan Lim Guan Eng, the right honorable chief minister of Penang, and Billoo Rataul, Paramit’s chief executive officer.
     
    Paramit’s new Penang site addresses the unique characteristics of the Malaysian climate to create maximum energy efficiency, creating what is being called an experience of a “Factory in the Forest.” The site uses canopies of trees to create shading and in-slab cooling to reduce power requirements. In addition, it incorporates gardens and waterfalls on multiple levels throughout the building to help cool the space.
     
    The site will be the region’s largest manufacturing facility for complex medical devices and life sciences instruments, realizing sophisticated systems for genetic and molecular testing, robotic surgery, cancer treatment, and will also serve its current industrial products customer base.
     
    The Penang facility is designed from the ground up to match the state-of-the-art technology and systems employed at the company’s headquarters in California, which integrates worry-free development and proprietary manufacturing processes to perform at better than best-in-class levels across quality, delivery, customer service and cost. Paramit also plans to harmonize design, engineering and manufacturing to create a “transferless” process from concept to manufacturing, accelerating time to market, lowering costs and ensuring consistent quality from the first product manufactured to the last.
     
    “Expansion in Asia will enable us to provide a more sophisticated offering to our current regional customers, but also bring new levels of speed-to-market and peace of mind to our customers globally,” said Rataul. “In building this site from scratch, we were able to accommodate the challenging climate by employing state-of-the-art architecture and design that can serve as a model to other companies building in the tropics.”
     
    Michel Van Crombrugge, country manager of Paramit Malaysia, added, “The medical device industry is incredibly important to Malaysia, with double digit growth last year and exports in the range of RM 17.8 billion. We are proud to be bringing medical innovations to life and contributing to an area that is a vital source of jobs, revenue and breakthroughs in the region.”
     
    The opening of the new facility doubles the company’s previous Penang capacity. The Paramit facility is located at Penang Science Park in Bukit Minyak, and will ultimately employ a workforce of 800 people.
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