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The Ryazan Machine Tool Plant, a production site of Russian machine tool company STAN, plans to produce 24 units of high-tech equipment in 2018, up from 17 in 2017. The plant is also modernizing production of CNC lathes and special machines with investments of 770 million rubles, creating several dozen jobs.
STAN invested approximately RUB 3 billion in technical re-equipment of its machine-tool factories across Russia, including sites in Bashkortostan, Moscow, Ryazan, Ivanovo, Tver and Rostov regions.
Russian machine tool company STAN won a procurement and signed a contract with Tupolev to supply two portal-type milling machining centers for the Kazan Aviation Plant modernization.
| Site | Largest | Latest |
|---|---|---|
| Ryazan, Russia | $11.5M | 2018-10-06 |
| Russia (multiple sites: Bashkortostan, Russia | $52.0M | 2017-06-19 |