# OSG to build new building at Shinshiro plant, invest 60 billion yen

OSG will construct a new building at its Shinshiro plant in Aichi Prefecture, starting operations in early 2020. The investment is about 60 billion yen. The new building will produce carbide drills and taps, consolidating production from other plants.

- Type: Expansion
- Announced: 2019-01-15
- Where: Shinshiro, Aichi Prefecture, Japan
- Value: $540.0M (60.0B JPY)
- Starts operating: Jan 2020
- Status: announced
- Products: carbide drills, carbide taps
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [OSG Group](https://endata.com/companies/17606.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO40028680V10C19A1L91000/), 2019-01-15: "供給力不足は大きな課題だが、新棟の建設で、さらに受注を伸ばしたい"

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