# Ingersoll Machine Tools wins $135M GMT telescope structure contract

Ingersoll Machine Tools, a subsidiary of Camozzi Group, won a $135 million contract from GMTO to manufacture the precision steel optical support structure for the Giant Magellan Telescope. The contract was signed on October 30, 2019, after a two-year global competition.

- Type: Contract
- Announced: 2019-10-30
- Where: Atacama Desert, Chile, Chile
- Value: $135.0M
- Status: announced
- Capacity: 1300 tonnes of steel structure
- Products: telescope steel structure, optical support structure
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [MT Mechatronics](https://endata.com/companies/30996.md) (partner)
- [Camozzi Group](https://endata.com/companies/37000.md) (investor)
- [GMTO Corporation](https://endata.com/companies/42991.md) (customer)
- [Ingersoll Machine Tools](https://endata.com/companies/42992.md) (supplier)

## Sources

- [mw.jgvogel.cn](https://mw.jgvogel.cn/c/2019-10-31/943663.shtml), 2019-10-31: "该合同在经过为期两年的全球竞标后得以签署。"

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