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Makino China (Makino Milling Machine Co.) signed a $50 million third-phase expansion project in Kunshan, China, to build new plant facilities, upgrade and digitize existing production lines, and turn the Kunshan headquarters into a global manufacturing base for EDM and wire-cut machines. The project is expected to reach annual output value of 4 billion yuan after full production.
“总投资5000万美元的牧野中国三期增资项目在昆山签约,主要用于三期厂房建设,同时扩大升级现有产线,进行数字化改造”163.com
Summarized from public sources; check the original articles before acting on it.