# Grob Group invests $234 million in machine tool plant in Dalian, China

Grob Group invested $234 million to establish Grob Machine Tools (Dalian) Co Ltd, its fourth largest production base worldwide, designing and manufacturing five-axis CNC machining centers.

- Type: New facility
- Announced: 2022-07-13
- Where: Dalian, China, China
- Value: $234.0M
- Status: completed
- Products: five-axis CNC machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GROB](https://endata.com/companies/16768.md)

## Sources

- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202207/13/WS62ce87c5498ea2749279d241/grob-machine-tools-dalian-co-ltd.html), 2022-07-13: "Invested by world-renowned high-end machine tool manufacturer Grob Group, with an investment of $234 million."

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