# Tsugami China signs second construction agreement for Anhui factory

Tsugami China's subsidiary Anhui Tsugami Precision Machinery signed a second-phase construction agreement worth 95.18 million yuan for its Anhui factory in Ma'anshan, China, to expand capacity for CNC precision machine tools. The factory is expected to be completed and operational by 2021.

- Type: Expansion
- Announced: 2019-08-01
- Where: Ma'anshan, Anhui, China
- Value: $13.5M (95.2M CNY)
- Starts operating: 2021
- Status: under construction
- Products: CNC precision machine tools, metal castings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tsugami China](https://endata.com/companies/18419.md)
- [Anhui Tsugami Precision Machinery](https://endata.com/companies/41028.md)
- [Anhui Tsugami Precision Machine](https://endata.com/companies/41033.md)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/224166.html), 2019-08-01: "建造安徽工厂可提高该集团的产能、维持金属铸件及数控高精密机床的强劲产量及扩大中国市场。"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/224166.html), 2019-08-01: "建造安徽工厂可提高该集团的产能、维持金属铸件及数控高精密机床的强劲产量及扩大中国市场。"

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