# Terumo to invest ¥15B in new facility and expansion at Vietnam factory

Terumo Corporation plans to construct a new building for its third manufacturing facility in Vietnam and install additional production lines at existing buildings, with a total investment of approximately 15 billion yen over 5 years, doubling production capacity. Construction is expected to be completed in December 2020.

- Type: Expansion
- Announced: 2019-02-26
- Where: Vietnam, Vietnam
- Value: $135.0M (15.0B JPY)
- Starts operating: Dec 2020
- Status: announced
- Capacity: production capacity is expected to double
- Products: interventional therapeutic products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Terumo](https://endata.com/companies/2811.md)

## Sources

- [terumo.com](https://www.terumo.com/newsrelease/detail/20190226/167), 2019-02-26: "Terumo today announced that it plans to construct a new building to house its third manufacturing facility in Vietnam."
- [nna.jp](https://www.nna.jp/news/1874377), 2019-02-28: "テルモ（東京都渋谷区）は26日、主にカテーテル関連製品を生産するベトナム・ハノイの工場に３期棟として新棟を建設すると発表した。"

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