# Star Micronics to renovate and build new factory at Kikugawa plant

Star Micronics has approved a renovation of its Kikugawa plant and construction of a new factory in Kikugawa, Shizuoka, Japan, for its machine tool business. The total investment is about ¥10 billion, with construction starting July 2024 and operations beginning November 2025, aiming to establish a production capacity of 100 units per month.

- Type: Expansion
- Announced: 2024-02-09
- Where: Kikugawa, Shizuoka Prefecture, Japan
- Value: $67.0M (10.0B JPY)
- Starts operating: Nov 2025
- Status: announced
- Capacity: 100 units per month
- Products: Swiss-type CNC automatic lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Star Micronics](https://endata.com/companies/17569.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXZRSP668284_Z00C24A2000000/), 2024-02-09: "当社は、2024年2月9日開催の取締役会において、工作機械事業の菊川工場のリニューアルおよび新工場を建設することを決議いたしました。"

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