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Citizen Machinery will invest approximately 4.5 billion yen to build a new building at its headquarters factory in Miyota, Nagano, Japan. The expansion will increase production capacity for key components of NC automatic lathes by 1.6 times.
“工作機械製造のシチズンマシナリー(北佐久郡御代田町)が、御代田町の本社工場に約45億円を投じ、新棟を建設することが13日、分かった。”shinmai.co.jp
Summarized from public sources; check the original articles before acting on it.