# Otsuka ICU Medical breaks ground on $500M Texas expansion

Otsuka ICU Medical broke ground on a 500,000-square-foot expansion to its North Austin campus in Texas. The $500 million project will roughly double the size of the existing campus, with completion targeted for 2030.

- Type: Expansion
- Announced: 2026-08-25
- Where: North Austin, Texas, United States
- Value: $500.0M
- Starts operating: 2030
- Status: under construction
- Capacity: 500,000 square feet
- Products: IV supplies, IV solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Otsuka ICU Medical](https://endata.com/companies/92950.md)

## Sources

- [massdevice.com](https://www.massdevice.com/otsuka-icu-medical-breaks-ground-on-500000-square-foot-austin-site-expansion/), 2026-08-25: "This groundbreaking marks the start of possible future expansions and additional life sciences investment from the joint venture in Austin."

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