# Siemens Healthineers to invest $15M expanding Pohang plant

Siemens Healthineers held a groundbreaking ceremony on October 15, 2025, for a 21 billion won ($15 million) expansion of its Pohang plant, which will double annual production of intracardiac ultrasound catheters from 500,000 to 1 million units by 2027 and create 400 new jobs.

- Type: Expansion
- Announced: 2025-10-15
- Where: Pohang, South Korea
- Value: $15.0M (21.0B KRW)
- Jobs: 400
- Starts operating: 2027
- Status: under construction
- Capacity: 1 million units per year
- Products: intracardiac ultrasound catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Siemens Healthineers](https://endata.com/companies/19309.md)

## Sources

- [nocutnews.co.kr](https://www.nocutnews.co.kr/news/6413664), 2025-10-16: "지멘스 헬시니어스는 2027년까지 약 210억 원(1500만 달러)을 투자해 포항공장의 생산능력을 대폭 확충한다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.