# DMG Mori to invest ¥7B in Japan and Europe for 5-axis machine expansion

DMG Mori Seiki will invest 7 billion yen in Japan and Europe during fiscal 2018 to increase production capacity for simultaneous 5-axis machines. In Poland, the factory will be expanded for in-house parts processing, and in Japan, land will be secured for a dedicated factory for production line design and testing.

- Type: Investment
- Announced: 2018-03-29
- Where: Japan
- Value: $66.0M (7.00B JPY)
- Status: announced
- Products: simultaneous 5-axis machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DMG Mori Seiki](https://endata.com/companies/18443.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO28755550Z20C18A3L91000/), 2018-03-29: "工作機械大手の DMG森精機は、2018年12月期中に日欧で70億円を投資し、自動化システムや複雑な金属加工が可能な「同時5軸機」の増産体制を整える。"
- [nikkei.com](https://www.nikkei.com/article/DGKKZO28755550Z20C18A3L91000/), 2018-03-29: "工作機械大手の DMG森精機は、2018年12月期中に日欧で70億円を投資し、自動化システムや複雑な金属加工が可能な「同時5軸機」の増産体制を整える。"

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