# Antex to invest JPY 4 billion in forging equipment upgrade at Takahagi plant

Antex plans to invest approximately JPY 4 billion to upgrade forging equipment at its Takahagi plant in Ibaraki Prefecture, increasing production capacity by 30%. The upgrade is expected to start operations in early 2024.

- Type: Investment
- Announced: 2023-06-02
- Where: Takahagi, Ibaraki Prefecture, Japan
- Value: $29.0M (4.00B JPY)
- Starts operating: 2024
- Status: announced
- Capacity: 30% increase in production capacity
- Products: slewing bearings for hydraulic excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Antex](https://endata.com/companies/70627.md)

## Sources

- [rikeino-shigoto.jp](https://rikeino-shigoto.jp/story/33), 2023-06-02: "高萩工場（茨城県）の鍛造設備更新に40 億円を投資、生産能力3 割増へ"

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