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Nakamura-Tome Precision Industry announced a strategic distribution partnership with YMT Technologies, making YMT the authorized distributor of Nakamura-Tome's machine tool portfolio in the UK and Ireland, effective immediately.
Nakamura-Tome Precision Industry acquired the Nakamura-Tome business including employees from its German distributor Hommel GmbH to establish a German subsidiary for improved sales and service.
Nakamura-Tome Precision Industry announced it will complete its largest new factory, named MAGI, in July 2023 with an investment of 2.6 billion yen. The plant will increase production capacity by 35% and introduce robots and AGVs to improve productivity.
| Site | Largest | Latest |
|---|---|---|
| Hakusan, Japan | $18.0M | 2023-06-09 |