# Citizen Machinery to build new plant at headquarters in Miyota, Japan

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.

- Type: Expansion
- Announced: 2021-12-13
- Where: Miyota, Nagano, Japan
- Value: $39.5M (4.50B JPY)
- Starts operating: Mar 2023
- Status: announced
- Capacity: 1.6 times current capacity
- Products: NC automatic lathes, machine tool components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Citizen Machinery](https://endata.com/companies/18452.md)

## Sources

- [shinmai.co.jp](https://www.shinmai.co.jp/news/article/CNTS2021121300781), 2021-12-13: "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。"
- [citizen.co.jp](https://www.citizen.co.jp/release/news/detail/2021/20211214.html), 2021-12-14: "基幹部品の生産能力を６割増強し安定的な供給体制を実現します。"

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