# Tees Components invests £500,000 in new CNC machine tool

Tees Components invested £500,000 in a new CNC multi-axis machine tool to support growth.

- Type: Investment
- Announced: 2018-03-16
- Where: North Skelton, Saltburn-by-the-Sea, Cleveland, United Kingdom
- Value: $700K (500K GBP)
- Status: completed
- Products: CNC multi-axis machine tool
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tees Components](https://endata.com/companies/3345.md)

## Sources

- [teescomponents.co.uk](https://teescomponents.co.uk/news/a-tees-components-news-headline), 2018-03-16: "The firm has also recently invested £500,000 in a new CNC multi-axis machine tool."

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