# Preziss to build new plant to boost production and R&D capacity

Preziss announced a new 1,000 square meter plant to increase production and R&D capacity by over 40%, expected to be at full capacity in February 2019.

- Type: Expansion
- Announced: 2018-11-30
- Starts operating: Feb 2019
- Status: announced
- Capacity: 1000 square meters
- Products: boring tools, reamers, PCD solid head drills, PCD and CVD micro tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Preziss](https://endata.com/companies/19289.md)

## Sources

- [preziss.com](https://www.preziss.com/blog/a-new-productive-plant-underway), 2018-11-30: "This new investment will allow the company to continue adopting new technologies to attend the automotive and Aerospace industries challenges."

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