Financial
News release
TopLeuven, Belgium - July 8, 2019 - Terumo Corporation (TSE: 4543), a leading global medical device manufacturer, today announced an investment of 26 million euro in the production facility of Terumo Europe in Leuven (Belgium), where Terumo produces and assembles medical devices. Terumo extends its production capacity at Terumo Europe to meet the growing demand for Terumo products. The new production lines will be operational within two to three years. Terumo Europe employs approximately 1,300 people in the EMEA region.
At the site in Leuven, Terumo produces and assembles medical devices in two production entities.
'For the Alliance division, we will extend our capacity in moulding. We will increase the number of needle assembly lines and we are investing in a flexible assembly line that will allow us to customize production for our customers. For our Interventional Systems division, we will further automate production processes in assembly and packaging', said Henk Houf, Chief Operations Officer of Terumo Europe.
'We are excited that Terumo invests in the production site in Leuven. We believe this investment will accelerate the growth of these two divisions, which will drive the overall Terumo growth in mid- to long-term', said Nori Kunimoto, CEO Terumo Europe.
About Terumo Europe
Terumo Europe is a core player in the EMEA healthcare market. Terumo Europe produces, distributes, markets and sells a vast range of medical devices across the EMEA region. As a strong actor of Terumo Corporation, it conducts business locally while pursuing a unified EMEA strategy. The EMEA headquarters and production facilities are based in Leuven (Belgium). The European Distribution Center is based in Genk (Belgium). In addition, we have a production facility in Liverpool (UK) and sales and marketing offices across the EMEA region. Terumo EMEA employs approximately 1,300 Associates. www.terumo-europe.com
About Terumo
Terumo (TSE: 4543) is a global leader in medical technology and has been committed to “Contributing to Society through Healthcare” for 100 years. Based in Tokyo and operating globally, Terumo employs more than 30,000 associates worldwide to provide innovative medical solutions in more than 160 countries and regions. The company started as a Japanese thermometer manufacturer, and has been supporting healthcare ever since. Now, its extensive business portfolio ranges from vascular intervention and cardio-surgical solutions, blood transfusion and cell therapy technology, to medical products essential for daily clinical practice such as transfusion systems, diabetes care, and peritoneal dialysis treatments. Terumo will further strive to be of value to patients, medical professionals, and society at large.