# Elos Medtech signs agreement to expand production capacity in China

Elos Medtech signed an amendment to an existing agreement with a global healthcare customer to provide an additional CNY 90 million in annual production output by the end of 2025. Elos Medtech will invest approximately CNY 50 million in production equipment over two years at its Tianjin facility.

- Type: Contract
- Announced: 2023-04-14
- Where: Tianjin, China
- Value: $7.20M (50.0M CNY)
- Status: announced
- Capacity: CNY 90 million in annual production output
- Products: medical devices, components
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Elos Medtech](https://endata.com/companies/42900.md)

## Sources

- [news.cision.com](https://news.cision.com/elos-medtech-ab/r/elos-medtech-signs-agreement-with-global-healthcare-company-to-expand-production-capacity,c3751132), 2023-04-14: "Elos Medtech's focused work and dedication has resulted in our customers relying on us as their development and manufacturing partner."

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