# Mazak to invest $8.5 million in Kentucky manufacturing operations

Mazak Corporation will invest $8.5 million in new manufacturing technology for its Florence, Kentucky iSmart Factory, including a new automated manufacturing cell with six machine tools and a storage system. Completion expected by late 2019.

- Type: Investment
- Announced: 2019-01-15
- Where: Florence, Kentucky, United States
- Value: $8.50M
- Starts operating: 2019
- Status: announced
- Products: machine tools, machining centers, multi-tasking machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mazak Corporation](https://endata.com/companies/17496.md)

## Sources

- [industrialmachinerydigest.com](https://industrialmachinerydigest.com/metalworking/machining/mazak-to-invest-8-5-million-in-kentucky-manufacturing-operations), 2019-01-15: "Mazak continuously invests in its North American operations, which have grown and advanced into a sophisticated and extremely productive Mazak iSmart Factory."
- [mmsonline.com](https://www.mmsonline.com/news/mazak-investing-85-million-for-ismart-factory-expansion), 2019-01-22: "Mazak Corp. has announced its intention to invest $8.5 million for a manufacturing technology cell, with four load/unload stations, that will incorporate three different models of machines, three different size work pallets and one new raw material/stocker system all in one cell."

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