CMZ Machinery Group

CMZ Machinery Group has acquired a 22,000m² plot of land in Berriz, northern Spain, to build a new assembly plant for manufacturing a new lathe model. The facility is part of a ramp-up to ultimately produce 1,000 machines per year, with a medium-term objective of 800 lathes annually.

CMZ Machinery Group has invested €8 million in a 2,000 m² extension to its factory in Elorrio, Spain, called Precitor, which began operations in late February 2023 and will increase cylindrical component production by 55%.