German man sells turnkey condom manufacturing factories

Wednesday, October 21st, 2009

Dr. Serkan Toto currently works as the first and only Asia-based writer for the TechCrunch network, mainly covering Japan-related technology and web companies for TechCrunch, CrunchGear and MobileCrunch. Serkan also works full-time as an independent web and mobile industry consultant with a focus on the Japanese market. He is sept-lingual, holds an MBA and is a PhD in economics. Serkan... → Learn More

rubber

56 year old German entrepreneur Klaus Richter is selling ready-for-use condom factories, meaning you can order a complete manufacturing facility from him, and he ships practically everywhere. What may sound as a joke at first is serious business: Richter has so far sold over 100 factories worldwide.

The factories are being put together and shipped from Penang, a port city in Malaysia. Richter says he already sold his product through his own firm, “Richter Rubber”, to places like India, Mexico and Thailand. Two containers with 26sqm. of space are enough. Once the containers are at the hands of the new owners, it takes another 10 days of work to get the factory ready to roll out the first condoms.

One factory costs about $500,000, but for that money, Richter Rubber staff will set up the factories themselves, grant various warranties and instruct the new owners on all standard operating procedures.

Richter says he produces the factories in Malaysia since labor costs are low, and high-quality natural rubber is virtually around the corner.

Via Technology Review – German Edition [GER]

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