July 28, 2011
Kuraray Co., Ltd.
Demonstrating the importance of business creation and expansion, Kuraray Co., Ltd. (President: Fumio Ito; Headquarters: Chiyoda-ku, Tokyo; hereafter "Kuraray") announces its decision to construct a new production facility in order to promote the market development of its artificial bone graft medical devices. Details are as follows.
The development of Kuraray's artificial bone graft medical devices was announced in a press release available at http://www.kuraray.co.jp/en/release/2009/090820.html.
Limited sales of artificial bone graft medical devices to certain hospitals and other institutions were commenced in November 2009. However, Kuraray has decided to construct a new production facility after deeming it necessary to upgrade its supply system in order to further promote the commercialization of these products.
|Location||Kuraray Kurashiki Plant
(7471, Tamashimaotoshima, Kurashiki City, Okayama Prefecture 713-8550, Japan)
|Production capacity||100,000 units per year|
|Capital investment||Approximately ¥500 million|