# CMZ opens Precitor machining plant in Elorrio, Spain

CMZ invested €8m to build a new machining plant named Precitor in Elorrio, Spain. The plant started up in late February 2023 and will be fully operational by H2 2023, increasing cylindrical parts manufacturing by 55%.

- Type: New facility
- Announced: 2023-07-10
- Where: Elorrio, Spain, Spain
- Value: $8.80M (8.00M EUR)
- Starts operating: Feb 2023
- Status: completed
- Capacity: 650 CNC lathes per year initially, up to 850
- Products: CNC lathes, cylindrical parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [pesmedia.com](https://www.pesmedia.com/cmz-launches-new-machining-plant-in-spain), 2023-07-10: "CMZ has invested around €8m renewing and extending its site in Elorrio, Spain."

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