Terumo to Set up Medical Equipment Production Base in Vietnam.
To be capitalized at 2.6 billion yen ($22.0 mil), Terumo Vietnam Co., Ltd. (provisional name) will construct a plant for manufacturing medical equipment including a closed infusion system and pump infusion set. Manufactured items will be exported mainly to Japan and Asian countries.
The new plant will commence full-scale operations in 2Q 2007. It will be run by Torumo's wholly owned local subsidiary. Terumo aims to achieve sales of 1.5 billion yen ($12.7 mil) in fiscal 2008.
Copyright [c] 2006 Japan Corporate News Network. All rights reserved.
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|Publication:||JCNN News Summaries|
|Date:||Mar 31, 2006|
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