# KARL STORZ invests EUR30M in expansion of Tuttlingen and Neuhausen sites

KARL STORZ is investing EUR30 million to expand its production sites in Tuttlingen and Neuhausen ob Eck, Germany, by adding production area and consolidating departments. The project includes adding two stories to the logistics center and new buildings for endoscope manufacturing and CNC manufacturing.

- Type: Expansion
- Announced: 2019-07-24
- Where: Tuttlingen and Neuhausen ob Eck, Baden-Württemberg, Germany
- Value: $33.6M (30.0M EUR)
- Status: announced
- Products: endoscopes, instruments, devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Karl Storz](https://endata.com/companies/38916.md)

## Sources

- [karlstorz.com](https://www.karlstorz.com/us/en/karl-storz-announces-forward-looking-investment-program-for-tuttlingen-and-neuhausen-production-sites.htm), 2019-07-24: "The family-owned company is investing 30 million euros in the expansion of the Tuttlingen site for the manufacture of endoscopes, instruments, and devices."

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