# Natco to invest 800 million yen to expand powder coating plant in Gunma

Natco announced on January 24, 2020, it will add a powder coating production plant at its Gunma factory in Midori City, Gunma Prefecture, with a total investment of approximately 800 million yen. The new plant will have a capacity of 280 tons per month and is planned to start operations in June 2021.

- Type: Expansion
- Announced: 2020-01-24
- Where: Midori City, Gunma Prefecture, Japan
- Value: $7.30M (800.0M JPY)
- Starts operating: Jun 2021
- Status: announced
- Capacity: 280 tons per month
- Products: powder coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Natco](https://endata.com/companies/44786.md)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2020/01/m0124310.html), 2020-01-24: "Given the strong demand, and the expectation that demand for environmentally friendly powder coatings will continue to grow, we have decided to expand our production capacity."

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