# 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.

- Type: New facility
- Announced: 2019-07-01
- Where: Changzhou, Wujin National High-Tech Industrial Development Zone, China
- Value: $8.10M (880.0M JPY)
- Starts operating: Oct 2019
- Status: under construction
- Capacity: 75 units per month by 2022
- Products: CNC lathes GENOS-L, vertical machining centers GENOS-M
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [seisanzai-japan.com](https://seisanzai-japan.com/article/p958/), 2019-07-01: "Okuma will establish a 100% wholly-owned subsidiary in Changzhou city."

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