# Gunze to invest ¥3.5 billion in third medical plant and R&D lab in Ayabe, Kyoto

Gunze Limited decided to invest ¥3.5 billion to construct a third medical plant and expand its R&D laboratory in Ayabe, Kyoto, Japan. The new plant will increase production of TENALEAF absorbable adhesive barrier sheets, with completion targeted for February 2025.

- Type: Expansion
- Announced: 2023-10-16
- Where: Ayabe, Kyoto, Japan
- Value: $23.3M (3.50B JPY)
- Starts operating: Feb 2025
- Status: announced
- Products: TENALEAF absorbable adhesive barrier sheet
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Gunze](https://endata.com/companies/70236.md)

## Sources

- [gunze.co.jp](https://www.gunze.co.jp/english/news/2023/2023101701.html), 2023-10-17: "Gunze has decided to invest in the construction of the third medical plant and to expand its R&D laboratory in Ayabe, Kyoto, where Gunze was founded"
- [businesswire.com](https://www.businesswire.com/news/home/20231016566550/en/Gunze-to-Invest-3.5-billion-JPY-in-Establishing-Ayabe-Plants-and-RD-Laboratories-in-Kyoto-Japan-for-Growth-of-Medical-Business), 2023-10-17: "Gunze has decided to invest in the construction of the third medical plant and to expand its R&D laboratory in Ayabe, Kyoto, where Gunze was founded."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2023/10/gunze-to-invest-3-5-billion-jpy-in-establishing-ayabe-plants-and-rd-laboratories-in-kyoto-japan-for-growth-of-medical-business/), 2023-10-17: "Gunze has decided to invest in the construction of the third medical plant and to expand its R&D laboratory in Ayabe, Kyoto, where Gunze was founded."

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