# Northeast Tool invests $2.5 million in new machine tools in Charlotte

Northeast Tool announced a $2.5 million capital investment in new machine tool technology at its Charlotte, N.C., facility, purchasing four new milling and turning machining centers from DMG Mori USA.

- Type: Investment
- Announced: 2017-10-14
- Where: Charlotte, N.C., United States
- Value: $2.50M
- Status: announced
- Products: milling and turning machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Northeast Tool](https://endata.com/companies/17515.md)
- [DMG Mori USA](https://endata.com/companies/17516.md) (supplier)

## Sources

- [vesta-industry.com](https://www.vesta-industry.com/news/northeast-tool-invests-2-5-million-in-new-machine-tool-technology-112887.html), 2017-10-14: "Northeast Tool, a contract manufacturer for the aerospace, defense, energy, medical, and commercial industries, has announced a $2.5 million capital investment in new machine tool technology at its Charlotte, N.C., facility."

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