# Okuma to invest ¥10B in Kani plant expansion, boosting machining center capacity by 30%

Okuma announced on July 18, 2018, it will invest approximately ¥10 billion to build two new buildings at its Kani plant in Gifu Prefecture, Japan, including a parts processing building, to increase machining center production capacity by 30%.

- Type: Expansion
- Announced: 2018-07-18
- Where: Kani, Gifu Prefecture, Japan
- Value: $90.0M (10.0B JPY)
- Starts operating: May 2019
- Status: announced
- Capacity: 30% increase in machining center production capacity
- Products: machining centers, metal parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Okuma](https://endata.com/companies/16740.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGKKZO33124090Y8A710C1L91000/), 2018-07-18: "工作機械大手のオークマは18日、岐阜県可児市の可児工場に部品加工棟など2棟を新設すると発表した。"
- [okuma.eu](https://www.okuma.eu/newsroom/press-releases/detail/global-expansion/), 2018-08-16: "Construction of K6 will commence this August and it is expected to start operation in May 2019."
- [okuma.eu](https://www.okuma.eu/fr/nouvelles/presse/detail/global-expansion/), 2018-08-16: "Construction of K6 will commence this August and it is expected to start operation in May 2019."
- [machinery.co.uk](https://www.machinery.co.uk/content/news/okuma-opens-taiwanese-smart-factory-starts-construction-of-another-in-japan), 2018-08-22: "Construction of K6 will commence this month and it is expected to be in operation in May 2019."

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