# DMG Mori invests EUR25M in expansion and modernization of Famot plant in Poland

DMG Mori is investing approximately 25 million euros in the expansion, modernization and digitalization of its Famot production site in Poland. The investment is driven by growing order and production volumes for the CLX, CMX-V and CMX-U universal machine series.

- Type: Investment
- Announced: 2018-02-08
- Where: Famot, Poland, Poland
- Value: $31.0M (25.0M EUR)
- Status: announced
- Products: CLX, CMX-V, CMX-U universal machine series
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DMG MORI](https://endata.com/companies/7538.md)

## Sources

- [werkstatt-betrieb.de](https://www.werkstatt-betrieb.de/a/fachartikel/ideale-cnc-loesungen-fuer-viele-anwender-233710), 2018-02-08: "Famot verzeichnet seit Jahren ein stetig wachsendes Auftrags- und Produktionsvolumen – sowohl im Bereich der Rumpfmaschinen für den DMG-Mori-Konzern als auch in unserem Universalmaschinensegment."

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