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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Citizen Machinery invests ¥2 billion to boost machine tool capacity 20% · Endata

◂ Announcements

Nov 17, 2023EXPANSIONKitakami, Iwate, Japan

Citizen Machinery invests ¥2 billion to boost machine tool capacity 20%

Citizen Machinery announced a ¥2 billion investment at its Kitakami plant in Iwate, Japan, to increase machine tool production capacity by up to 20% by fiscal 2025. The investment includes a new warehouse and office building, with completion expected in March 2025.

Value

$13.3M (2.00B JPY)

Starts operating

Mar 2025

Status

Announced

Capacity

20% increase, to 170 units per month

ProductsCNC automatic lathes (Miyano brand)

CompaniesCitizen Machinery

Sectors#Industrial Machinery

“工作機械の生産能力２割増、シチズンマシナリーが20億円投資”newswitch.jp

2 sources
newswitch.jp工作機械の生産能力２割増、シチズンマシナリーが20億円投資｜ニュースイッチ by 日刊工業新聞社Nov 17, 2023
seisanzai-japan.comProactive capital investment in Japan; Makino to build new plant | Industry and Manufacturing News Archive | SEISANZAI JapanDec 28, 2023

Summarized from public sources; check the original articles before acting on it.

More from Citizen Machinery

Dec 15, 2023ACQUISITIONJapan
Shimada Machine Tool to inherit Citizen Machinery's multi-spindle lathe business
Citizen Machinery target Shimada Machine Tool acquirer smd.co.jp
Dec 14, 2021NEW FACILITYheadquarters premises, Japan, Japan$39.6Mops Mar 2023
Citizen Machinery to build precision machining factory at headquarters
Citizen Machinery seisanzai-japan.com
Dec 13, 2021EXPANSIONMiyota, Nagano, Japan$39.5Mops Mar 2023
Citizen Machinery to build new plant at headquarters in Miyota, Japan
Citizen Machinery shinmai.co.jp citizen.co.jp
Oct 18, 2021EXPANSIONAyutthaya, Thailand, Thailand70 jobsops Nov 2022
Citizen Machinery to boost CNC lathe capacity in Thailand by 50%
Citizen Machinery newswitch.jp seisanzai-japan.com
Aug 14, 2021NEW FACILITY4107-6 Miyota, Miyota-machi, Kita-Saku-gun, Nagano Prefecture, Japanops Mar 2023
Citizen Machinery to build precision machining plant at Karuizawa headquarters
Citizen Machinery en.lnews.jp
Nov 7, 2019NEW FACILITYShandong, China$27.6Mops Feb 2021
Citizen Machinery to build new plant in China, doubling capacity
Citizen Machinery Citizen (China) Precision Machinery partner cn.nikkei.com monoist.itmedia.co.jp

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