# Mantsinen Group invests EUR 12M in Ylämylly factory expansion

Mantsinen Group will invest over 12 million euros in its Ylämylly factory in Finland, adding 3,000 m² of production space, a milling boring center, and a surface treatment line to boost capacity.

- Type: Investment
- Announced: 2019-07-04
- Where: Ylämylly, Finland, Finland
- Value: $13.5M (12.0M EUR)
- Starts operating: Q4 2020
- Status: announced
- Capacity: 3,000 m² new production space
- Products: material handling machines, hydraulic harbor cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mantsinen](https://endata.com/companies/19755.md)

## Sources

- [cargoconnexion.com](https://cargoconnexion.com/mantsinen-invests-over-12-million-on-their-ylamylly-factory-in-finland/), 2019-07-04: "Mantsinen Group, specializing in material handling machines and logistic services, will invest over 12 million euros in their factory facilities and equipment."
- [drybulkmagazine.com](https://www.drybulkmagazine.com/material-handling/15072019/mantsinen-invests-over-12-million-on-their-ylmylly-factory-in-finland/), 2019-07-15: "Mantsinen Group, which specialises in material handling machines and logistic services, will invest over €12 million in their factory facilities and equipment."

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