# Union Tool to build third factory at Mitsuke plant for ¥2.6 billion

Union Tool announced construction of a third factory building at its Mitsuke plant in Niigata, Japan, to increase production capacity of carbide end mills by 2.5 times. Investment is ¥2.6 billion, with construction from June 2023 to May 2024.

- Type: New facility
- Announced: 2023-05-15
- Where: Mitsuke, Niigata, Japan
- Value: $19.2M (2.60B JPY)
- Starts operating: 31 May 2024
- Status: announced
- Capacity: 2.5 times current production capacity
- Products: carbide end mills
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Union Tool](https://endata.com/companies/70318.md)

## Sources

- [kikai-news.net](https://kikai-news.net/2023/05/16/%e3%83%a6%e3%83%8b%e3%82%aa%e3%83%b3%e3%83%84%e3%83%bc%e3%83%ab%e3%80%81%e8%a6%8b%e9%99%84%e5%b7%a5%e5%a0%b4%ef%bc%88%e6%96%b0%e6%bd%9f%e7%9c%8c%e8%a6%8b%e9%99%84%e5%b8%82%ef%bc%89%e5%86%85%e3%81%ab/), 2023-05-16: "ユニオンツールは５月15日、見附工場敷地内に第三工場建屋を建設すると発表した。"

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