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DMG Mori announced a tender offer to acquire all remaining shares of its listed subsidiary Taiyo Koki, a grinding machine manufacturer, at ¥1,700 per share. The decision was made on November 1, 2024.
Grinding machine manufacturer Taiyo Koki announced it will build a new headquarters plant in Nagaoka, Niigata Prefecture, with an investment of 6-7 billion yen. The new facility will double production capacity, with construction starting in July 2023 and operations beginning in October 2024.
| Site | Largest | Latest |
|---|---|---|
| Nagaoka, Japan | $44.0M | 2022-10-27 |