# CMZ to build new machining plant Neoprec in Mallabia, Spain

CMZ Group is building a new machining plant called Neoprec in Mallabia, Spain, with an investment of 17 million euros. The plant will specialize in medium and small parts and is expected to start production in the second half of 2021, increasing capacity to 800 machines per year.

- Type: New facility
- Announced: 2021-01-15
- Where: Mallabia, Basque Country, Spain
- Value: $20.5M (17.0M EUR)
- Starts operating: Q3 2021
- Status: under construction
- Capacity: 800 machines per year
- Products: machined parts for machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [CMZ](https://endata.com/companies/19443.md)

## Sources

- [empresaxxi.com](https://www.empresaxxi.com/logistica/cmz-incrementara-su-capacidad-a-800-maquinas-al-ano-con-neoprec), 2021-01-15: "El grupo vizcaíno CMZ espera que su nueva planta de mecanizado en Mallabia, Neoprec, pueda empezar a fabricar a finales de este mismo año tras una inversión de 17 millones de euros."

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