Citizen Machinery to build precision machining factory at headquarters

Citizen Machinery announced it will build a new precision machining factory on its headquarters premises in Japan, investing about 4.5 billion yen to increase spindle production capacity by 60%. Construction starts April 2022, completion March 2023.

“The investment amount is about 4.5 billion yen, and the building area is 4,100 square meters.”seisanzai-japan.com

• 1 source
• seisanzai-japan.comCitizen to invest 4.5 billion yen to build a spindle factory | Industry and Manufacturing News Archive | SEISANZAI JapanDec 23, 2021

Summarized from public sources; check the original articles before acting on it.