# CMZ to start production at Nuevo Precitor plant in Elorrio

CMZ, a CNC lathe manufacturer, will complete the start-up of Nuevo Precitor, an expansion of its machining plant in Elorrio, Spain, at the end of February 2023. The company invested nearly EUR 8 million, and the plant will reach full capacity in the second half of 2023, increasing overall capacity by 55%.

- Type: Expansion
- Announced: 2023-01-15
- Where: Elorrio, Spain
- Value: $8.60M (8.00M EUR)
- Starts operating: Feb 2023
- Status: under construction
- Capacity: 55% increase in capacity; 650 lathes per year initially, up to 850
- Products: CNC lathes, cylindrical machined parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [empresaxxi.com](https://www.empresaxxi.com/post/cmz-ultima-la-puesta-en-marcha-de-nuevo-precitor), 2023-01-15: "La producción en la nueva planta, en la que ha invertido casi 8 millones, arrancará a finales de febrero y alcanzará el 100% de su capacidad en el segundo semestre."

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