Swedish medical technology company M\u00f6lnlycke Health Care has started construction on the expansion of its $135m wound care manufacturing facility in Brunswick, Maine, US.<\/p>\n
The facility expansion aims to enhance the company’s production capacity in the US.<\/p>\n
It will incorporate renewable energy solutions, such as wind and solar power, to meet M\u00f6lnlycke\u2019s sustainability targets.<\/p>\n
Additionally, the plant will feature advanced machinery from suppliers in the US.<\/p>\n
Over the coming five years, the expansion is expected to boost employment in Maine by approximately 10% and involve local contractors and suppliers.<\/p>\n
M\u00f6lnlycke said the move aligns with its strategy to localise manufacturing and address the increasing demand from US healthcare providers.<\/p>\n
M\u00f6lnlycke CEO Zlatko Rihter said: \u201cThis expansion is a bold step forward for M\u00f6lnlycke in the US.<\/p>\n
\u201cIt reinforces our mission to free patients and caregivers from the burden of wounds, strengthens supply resilience, and helps us to deliver high-quality wound care solutions faster, smarter, and more sustainably.\u201d<\/p>\n
The project was kicked off with a groundbreaking ceremony attended by key political figures, including US Senator Angus King and Maine governor Janet Mills.<\/p>\n
M\u00f6lnlycke aims to improve the accessibility of its advanced wound care products for US patients through this development.<\/p>\n
\u201cToday isn’t just about breaking ground. It’s about being bold, embracing partnerships and leading with passion,” said Chris Biddle, general manager for M\u00f6lnlycke’s US wound care production.<\/p>\n
\u201cThank you to everyone who helped bring this vision to reality. The expansion is a win for M\u00f6lnlycke, for the local community and, ultimately, for the patients we serve.\u201d<\/p>\n
Earlier this year, the company signed a $400m financing agreement with the Swedish Export Credit Corporation (SEK) to support its growth and development.<\/p>\n
The ten-year arrangement aims to underpin the company’s global growth and strategic initiatives.<\/p>\n