# VSMPO-AVISMA invests 2.6 billion rubles in machining upgrade

VSMPO-AVISMA Corporation is investing 2.6 billion rubles to upgrade its ring and disk machining facility, purchasing 13 specialized equipment complexes. A vertical turning mill for rings up to 4 meters in diameter is being assembled, with commissioning in January 2021 and project completion in Q4 2021.

- Type: Investment
- Announced: 2020-11-19
- Where: Sverdlovsk Region, Russia, Russia
- Value: $34.0M (2.60B RUB)
- Starts operating: Jan 2021
- Status: under construction
- Products: large-size titanium rings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [VSMPO-AVISMA](https://endata.com/companies/20043.md)

## Sources

- [rusbiznews.com](https://www.rusbiznews.com/news/n3053.html), 2020-11-19: "VSMPO-AVISMA Corporation PJSC, is implementing an ambitious investment project to upgrade its machining facilities."

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