# Müller Präzisionswerkzeuge invests €1 million in machine park expansion

Müller Präzisionswerkzeuge invested €500,000 in a new Helitronic Vision 400 grinding machine from Walter Maschinenbau and another €500,000 in setting up micro-tool production. The company will begin producing tools from 0.5 mm diameter from October 2017.

- Type: Investment
- Announced: 2017-07-25
- Where: Sien, Rhineland-Palatinate, Germany
- Value: $1.17M (1.00M EUR)
- Starts operating: Oct 2017
- Status: announced
- Products: VHM special tools, micro tools, drilling tools, milling tools, countersinking tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [K.-H. Müller Präzisionswerkzeuge](https://endata.com/companies/17432.md)
- [Walter Maschinenbau GmbH](https://endata.com/companies/16914.md) (supplier)

## Sources

- [pressnetwork.de](https://pressnetwork.de/mueller-praezisionswerkzeuge-erweitert-maschinenpark/), 2017-07-25: "Grund für die Investition ist das solide Wachstum der Automobil- und Automobilzulieferindustrie."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.