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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Okuma establishes machine tool production plant in Changzhou, China · Endata

◂ Announcements

Jul 1, 2019NEW FACILITYChangzhou, Wujin National High-Tech Industrial Development Zone, China

Okuma establishes machine tool production plant in Changzhou, China

Okuma established a wholly-owned subsidiary, Okuma (Changzhou) Machine Tool, in Changzhou, China, to assemble CNC lathes and vertical machining centers. Total investment is 880 million yen, with monthly production starting at 10 units in October 2019 and increasing to 75 units by 2022.

Value

$8.10M (880.0M JPY)

Starts operating

Oct 2019

Status

Under construction

Capacity

75 units per month by 2022

ProductsCNC lathes GENOS-Lvertical machining centers GENOS-M

CompaniesOkuma

Sectors#Industrial Machinery

“Okuma will establish a 100% wholly-owned subsidiary in Changzhou city.”seisanzai-japan.com

1 source
seisanzai-japan.comOkuma establishes production facility in Changzhou city, China（1/2） | Industry and Manufacturing News Archive | SEISANZAI JapanJul 1, 2019

Summarized from public sources; check the original articles before acting on it.

More from Okuma

May 24, 2019NEW FACILITYKani, Japan, Japan$92.0Mops 17 Jun 2019
Okuma completes new Kani DS3 smart factory in Japan
Okuma okuma.eu seisanzai-japan.com
Apr 12, 2019NEW FACILITYChangzhou City, Jiangsu Province, China
Okuma establishes machine tool production subsidiary in Changzhou, China
Okuma Okuma (Changzhou) Machine Tool Co. Ltd target okuma.co.jp
Feb 3, 2019INVESTMENTUnited Kingdom
Bromford Industries invests in nine Okuma 5-axis VMCs from NCMT
Bromford Industries Okuma supplier mtdcnc.com
Aug 16, 2018NEW FACILITYIndia, India
Okuma opens technical centre in India
Okuma okuma.eu
Aug 15, 2018NEW FACILITYYingge District, New Taipei City, TWN$207.0Mops 22 Aug 2018
Okuma launches new factory in Taiwan to boost production capacity
Okuma en.lnews.jp okuma.eu machinery.co.uk
Jul 18, 2018NEW FACILITYKani city, Gifu prefecture, Japan$90.0Mops May 2019
Okuma to build K6 plant in Kani, Japan for ¥10 billion
Okuma seisanzai-japan.com

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