Molynlycke Health Care manufacturing

Brunswick, ME (2012)

Molynlycke Health Care manufacturing

Business Development, Manufacturing

The purchase and installment of medical manufacturing equipment at US processing facility of Mölnlycke, a Swedish-owned wound-care manufacturing, eliminating need to ship product overseas for conversion.

Investment

NMTC Amount: $14,265,000
Total Project Cost: $14,675,889

IMPACT

70 FTE jobs
15 construction jobs

CDEs

CEI Capital Management

Investor

US Bank

Project Description

Funds the purchase and installment of medical manufacturing equipment at US processing facility of Mölnlycke, a Swedish-owned wound-care manufacturing, eliminating need to ship product overseas for conversion. Rynel, Inc – manufacturer of single-use surgical and wound care products – added 85 new jobs in Brunswick in addition to retaining 80 existing Wiscasset jobs in an area where the BRAC closure cost 6,000 jobs.