Star Precision

Star Precision will invest about ¥10 billion to renovate its Kikugawa factory (Kikugawa South Plant) and about ¥5 billion to build a new assembly plant (Makinohara Plant) for Swiss-type CNC automatic lathes, targeting monthly production of 100 units.

Star Precision announced on November 29, 2017, that it will construct a new factory building within its Chinese manufacturing subsidiary, Star Precision (Dalian) Co., Ltd., to increase production capacity for CNC automatic lathes and other machine tools. The investment is approximately 700 million yen, with construction starting in May 2018 and operations beginning in January 2019.