# Mazak invests $15M in Florence, Kentucky facility

Mazak Corporation announced a $15 million investment in its Florence, Kentucky headquarters, including a $3.8 million spindle rebuild facility supporting over 2,000 spindle models. The investment is part of a strategy to ramp up production into 2021.

- Type: Investment
- Announced: 2020-12-14
- Where: Florence, Kentucky, United States
- Value: $15.0M
- Status: announced
- Products: CNC machines, spindle rebuild services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mazak Corporation](https://endata.com/companies/17496.md)

## Sources

- [machinedesign.com](https://www.machinedesign.com/news/article/21150290/business-reinvestment-at-core-of-mazak-product-announcement), 2020-12-14: "As part of a $15 million investment in the Kentucky facility, Mazak has developed a $3.8 million spindle rebuild facility that supports more than 2,000 spindle models."

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