# Makino China signs $50M expansion in Kunshan

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.

- Type: Expansion
- Announced: 2023-10-24
- Where: Kunshan, Jiangsu, China
- Value: $50.0M
- Status: announced
- Products: EDM machines, wire-cut machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Makino Milling Machine](https://endata.com/companies/14988.md)
- [Makino China](https://endata.com/companies/73219.md)

## Sources

- [163.com](https://www.163.com/dy/article/IHQHBP1T0534B975.html), 2023-10-24: "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"

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