# Niles-Simmons-Hegenscheidt to build machine tool plant in Moscow

Moscow authorities signed an agreement with German machine tool maker Niles-Simmons-Hegenscheidt to create a production facility in Zelenograd's Alabushevo site. Investment is about 750 million rubles, creating 153 jobs, with work planned to start by end of 2017.

- Type: New facility
- Announced: 2017-09-16
- Where: Zelenograd, Moscow, Russia
- Value: $13.0M (750.0M RUB)
- Jobs: 153
- Starts operating: 2017
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Niles-Simmons-Hegenscheidt](https://endata.com/companies/17152.md)

## Sources

- [sdelanounas.ru](https://sdelanounas.ru/blogs/98059/), 2017-09-16: "Соглашение предполагает создание станкостроительного производства NSH на территории Москвы."

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