CMZ is building its third machining plant ready for full operations by the second half of 2021. At an investment of €17m, the new 8000 sq m Neoprec facility will give CMZ the capabilities it requires to achieve its desired goal of manufacturing 800 CNC lathes per year. The works are already at a very advanced stage and, once final commissioning is complete, CMZ will see a massive advancement in the company’s production capacity.

Neoprec, situated in Mallabia, in the Basque region of northern Spain, will focus on machining the small and medium-sized parts used in CMZ’s CNC lathes. Of the €17m invested, €10m has gone towards purchasing new machines and intelligent factory automation.

In terms of equipment, the plant will have an automated warehouse with capacity to handle 1752 pallets. Moreover, Neoprec will have eight horizontal machining centres aligned in two FMS set-ups, while the metrology room will feature three 3D measuring machines and temperature control to within 0.1°. The maximum variation in the temperature inside the building over any given 24 hour period will be less than 1°C

CMZ’s investment strategy follows its route map focused on finishing 2023 with an annual turnover of €100m. Neoprec is the latest in a series of milestones reached so far: Seuner, the second lathe assembly plant, established in 2016 and already at 70% capacity, and the recent move and expansion of Cafisur, the group’s industrial sheet metal plant, are examples of that.

In line with this trend for working towards sustained growth through strategic investments, work will soon begin on the expansion of Precitor which, alongside Mecaninor and Neoprec, make up the company’s three machining plants.

For further information
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