# Ultramed invests EGP 25M to upgrade machinery and add production lines

Ultramed for Medical Supplies will invest EGP 25 million in 2020 to upgrade machinery and add three new production lines, aiming to increase capacity by 30%. Three lines were added in 2019 for cannulas, catheters and IV sets.

- Type: Expansion
- Announced: 2019-11-18
- Where: Egypt
- Value: $1.55M (25.0M EGP)
- Starts operating: 2020
- Status: announced
- Capacity: 30% increase in production capacity
- Products: intravenous cannulas, catheters, IV solution sets
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ultramed for Medical Supplies](https://endata.com/companies/43341.md)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2019/11/18/1266593), 2019-11-18: "الطاقة الإنتاجية مستهدف زيادتها 30% خلال العام المقبل بدعم من تحديث الماكينات وإضافة 3 خطوط إنتاج جديدة."

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