# S&T Engineers and Yeong Chin Machinery to form joint venture for CNC machining centres

S&T Engineers of Coimbatore and Yeong Chin Machinery (YCM) Industries of Taiwan will jointly invest ₹24 crore in the first phase to manufacture and supply CNC vertical machining centres in India. A plant is expected to be commissioned in Coimbatore in January 2020.

- Type: Partnership
- Announced: 2019-09-07
- Where: Coimbatore, India
- Value: $3.36M (240.0M INR)
- Status: announced
- Capacity: 100 machines per year (planned 15 in first phase)
- Products: CNC vertical machining centres
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [S&T Engineers](https://endata.com/companies/41940.md) (partner)
- [Yeong Chin Machinery Industries Co., Ltd.](https://endata.com/companies/41941.md) (partner)

## Sources

- [thehindu.com](https://www.thehindu.com/business/st-yeong-chin-to-make-cnc-machining-centres/article29363427.ece), 2019-09-07: "The plant is likely to be commissioned here in January."

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