# Nexans invests €2M in automated machining center at Hof factory

Nexans invested approximately €2 million in a new fully automated machining center at its Hof, Germany factory to expand manufacturing capacity for metal connectors for power cables.

- Type: Expansion
- Announced: 2023-07-25
- Where: Hof, Upper Franconia, Germany
- Value: $2.20M (2.00M EUR)
- Status: completed
- Products: metal connectors for power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md)

## Sources

- [nexans.de](https://www.nexans.de/en/newsroom/news/details/2023/07/Nexans-invests-2-million-euro-at-Hof-factory-in-Germany.html), 2023-07-25: "Nexans has recently expanded its manufacturing capacity in Hof and invested around two million euros in a new, fully automated machining center for the production of metal connectors for power cables."

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