# Terumo to build new wing at Puerto Rico plant for hemostasis devices

Terumo Corporation will invest $30 million to construct a new building at its Caguas, Puerto Rico plant to boost production capacity for Angio-Seal hemostasis devices. Completion is expected in summer 2025.

- Type: Expansion
- Announced: 2024-02-15
- Where: Caguas, Puerto Rico, PRI
- Value: $30.0M
- Starts operating: Jul 2025
- Status: announced
- Products: Angio-Seal hemostasis devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

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

## Sources

- [terumo.co.jp](https://www.terumo.co.jp/newsrelease/detail/20240215/10201), 2024-02-15: "新棟建設と生産設備導入に関する投資額は約3,000万米ドルであり、新棟の竣工は2025年夏を予定しています。"
- [nikkei.com](https://www.nikkei.com/article/DGXZQOUC152300V10C24A2000000/), 2024-02-15: "Terumo announced it will invest $30 million to construct a new building at its Puerto Rico plant to increase production capacity of the Angio-Seal hemostatic device."

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