# SW Group plans to expand facilities in Hungary and Mexico

German machine tool maker SW Group has unveiled plans to expand its facilities in Hungary and Mexico, following Chinese clients setting up production bases in those regions. The expansion is driven by Chinese customers' international investment strategy.

- Type: Expansion
- Announced: 2024-06-16
- Where: Hungary, Hungary
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SW](https://endata.com/companies/16419.md)

## Sources

- [chinadaily.com.cn](https://www.chinadaily.com.cn/a/202406/17/WS666fa359a31095c51c50944e.html), 2024-06-16: "Our expansion in Hungary was driven by Chinese customers' investment plans."

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