TAG Medical Products Corporation is investing €12.3 million to establish its European manufacturing hub at AvePark, in Guimarães, Northern Portugal.
The project will deliver a state-of-the-art, high-spec industrial facility dedicated to advanced medical device manufacturing, integrating cleanroom environments and precision technologies.
Expected to create more than 80 skilled jobs, the investment supports TAG Medical’s European expansion and reinforces Portugal’s position as a competitive location for high-value, export-oriented industries.
Expected to create more than 80 skilled jobs, the investment supports TAG Medical’s European expansion and reinforces Portugal’s position as a competitive location for high-value, export-oriented industries.
The new facility will play a strategic role in serving European and international markets, enhancing supply chain proximity, operational efficiency, and regulatory alignment within the EU. Located in the Minho Region, the project benefits from a strong industrial ecosystem, access to engineering talent, and a growing cluster of technology-driven companies.
Portugal offers direct access to the European Single Market, a competitive and skilled workforce, and an efficient logistics infrastructure, including proximity to key ports and international airports. Supported by a pro-investment environment and competitive incentive frameworks, the country continues to attract direct foreign investment in advanced manufacturing and life sciences.
