# DMG MORI to build 5-axis machine tool plant in Pinghu, China

DMG MORI Manufacturing Technology (Pinghu) Co., Ltd. is building a 106,425 sqm plant in Pinghu, Zhejiang, China, with an investment of 651.69 million yuan. The plant will produce 2,000 five-axis machine tools per year.

- Type: New facility
- Announced: 2023-12-28
- Where: Pinghu, Zhejiang, China
- Value: $91.0M (651.7M CNY)
- Status: announced
- Capacity: 2,000 five-axis machine tools per year
- Products: five-axis machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DMG MORI Manufacturing Technology (Pinghu)](https://endata.com/companies/74685.md)

## Sources

- [zjhby.com](http://zjhby.com/news_show/2000.html), 2023-12-28: "本项目总投资65169万元，主要购置加工中心、热水锅炉等生产设备；项目投产后，可实现年产2000台德马吉森精机五轴机床。"

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