# CMZ builds Neoprec EUR 17 million machining plant in Mallabia

CMZ built a new EUR 17 million machining plant called Neoprec in Mallabia, Spain, to produce small and medium-sized parts for CNC lathes. The plant has 8,000 sqm of workshop space and is expected to be operational in the second half of 2021.

- Type: New facility
- Announced: 2021-03-29
- Where: Mallabia, Spain
- Value: $20.0M (17.0M EUR)
- Starts operating: Q3 2021
- Status: under construction
- Capacity: 800 CNC lathes per year (group target)
- Products: CNC lathe components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [publiteconline.it](https://www.publiteconline.it/newsmec/?p=3829), 2021-03-29: "Dopo un investimento di 17 milioni di euro, il progetto del nuovo impianto di produzione darà al gruppo la spinta necessaria per concretizzare l’agognato obiettivo di fabbricare 800 torni CNC all’anno."
- [industrytalks.es](https://industrytalks.es/cmz-ultima-la-apertura-de-su-tercera-planta-de-mecanizado-para-aumentar-la-produccion-de-tornos/), 2021-04-13: "La empresa vasca CMZ tendrá operativa en el segundo semestre de 2021 su tercera planta de mecanizado, Neoprec, tras una inversión de 17 millones de euros."

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