# Terumo Medical invests $30 million to expand manufacturing in Puerto Rico

Terumo Medical Corporation is investing $30 million to expand its manufacturing capabilities in Caguas, Puerto Rico, with a new 64,000-square-foot facility to meet global demand for its Angio-Seal vascular closure device. Completion is targeted for summer 2025.

- Type: Expansion
- Announced: 2024-04-18
- Where: Caguas, Puerto Rico, PRI
- Value: $30.0M
- Starts operating: Q3 2025
- Status: under construction
- Capacity: 64000 square feet
- Products: Angio-Seal vascular closure device
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Terumo Medical Corporation](https://endata.com/companies/76883.md)

## Sources

- [thepharmanavigator.com](https://thepharmanavigator.com/news/terumo-medical-expands-manufacturing-in-puerto-rico/), 2024-04-18: "Expanding production capacity in Puerto Rico will enable us to meet growing demand."

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