U.S. Medical Glove secures $80 million contract with ADMD
U.S. Medical Glove Company announced a new contract worth $80,000,000. The agreement is a joint venture partnership with Medeco Protective Safety Equipment Manufacturing — a division of Abu Dhabi Medical Devices Company (ADMD) in the United Arab Emirates — and contracts USMGC to manufacture 12 of its proprietary medical exam glove-making machines. Beginning in the first quarter of 2025, USMGC will deliver 10 nitrile exam glove machine lines and two polyisoprene surgical glove machine lines to Medeco facilities in operation in Saudi Arabia. The joint venture is structured for USMGC to retain a 25% ownership stake.
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