# Philosis to build $51M second plant for blood glucose meters in South Korea

Philosis plans to build a 600 billion won second plant for blood glucose meter production, starting operations in March 2017 after test runs.

- Type: New facility
- Announced: 2016-12-19
- Where: South Korea
- Value: $51.0M (60.0B KRW)
- Starts operating: Mar 2017
- Status: announced
- Products: blood glucose meters, Gmate
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Philosis](https://endata.com/companies/16927.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1429086), 2016-12-19: "내년 3월 가동되는 600억 원 규모의 제2공장을 통해 캐파를 갖출 예정"

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