OSAKA -- Japanese medical device producer Nipro will spend $300 million on a new factory in Vietnam, increasing capacity to meet rising domestic and foreign demand for dialysis.
The Osaka-based company said Monday that it will establish subsidiary Nipro Vietnam in Ho Chi Minh City's Saigon Hi-Tech Park this month. Within three years, it will build the factory and install production equipment for around $190 million. Output is to begin in October 2018. Plans call for investing another $110 million or so through 2025 in additional capacity at the plant.
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.