# CMZ opens €8M Precitor factory extension in Elorrio

CMZ Machinery Group has invested €8 million in a 2,000 m² extension to its factory in Elorrio, Spain, called Precitor, which began operations in late February 2023 and will increase cylindrical component production by 55%.

- Type: Expansion
- Announced: 2023-07-14
- Where: Elorrio, Spain
- Starts operating: Feb 2023
- Status: completed
- Capacity: up to 650 CNC lathes per year (planned increase to 850)
- Products: CNC lathes, cylindrical components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [CMZ Machinery Group](https://endata.com/companies/71450.md)

## Sources

- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/35186), 2023-07-14: "The new factory extension was finished and began operations in late February this year, but will reach 100% capacity by the second half of 2023"
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/35186/CMZ-boosts-production-with-new-%E2%80%98state-of-the-art%E2%80%98-factory-extension), 2023-07-14: "The new factory extension was finished and began operations in late February this year, but will reach 100% capacity by the second half of 2023"
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/35186/CMZ-boosts-production-with-new-%C3%A2%E2%82%AC%CB%9Cstate-of-the-art%C3%A2%E2%82%AC%CB%9C-factory-extension), 2023-07-14: "The new factory extension was finished and began operations in late February this year, but will reach 100% capacity by the second half of 2023"

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