Mapal German precision tool manufacturer to build new plant
The company said it will break ground this year.
The cutting tool and machining accessory supplier Mapal has announced that it will build a new factory to keep up with demand.
Related: Mapal expands production
The company said it a statement that it will spend up to €7 million on the plant, which will be constructed in Eppingen, Germany. The new complex is expected to include production and administrative facilities covering 5,000m2, the company said.
The current production site at its Mapal Isotool division in Sinsheim, Germany, has reached maximum capacity and will be replaced by the new factory. Construction will start in the spring of 2014, Mapal said.