# CMZ opens new Precitor plant in Elorrio to boost CNC lathe production

CMZ, a European CNC lathe manufacturer, invested around EUR 8 million to extend its machining plant in Elorrio, creating the new Precitor plant. The facility started up in late February 2023 and aims to increase cylindrical parts production by 55%, targeting 850 machines per year.

- Type: Expansion
- Announced: 2023-06-29
- Where: Elorrio, Spain
- Value: $8.70M (8.00M EUR)
- Starts operating: Feb 2023
- Status: completed
- Capacity: 850 CNC lathes per year
- Products: CNC lathes, cylindrical parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [cmz.com](https://www.cmz.com/en/opening-of-new-precitor/), 2023-06-29: "The new Precitor plant started up in late February this year, but it will be operational working at 100% capacity by the second half of 2023"

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