German investors will construct a powerful machine tool plant for 400 m rubles in the Ulianovsk region.
As the regional development corporation press office told Construction.ru, a corresponding agreement has been signed at the “Sochi-2015” International investment forum.
The construction site will be located on the territory of Zavolzhye industrial park, where a machine tool production cluster is being formed. The investor has bought a lot of 10 hectares. Over a year and a half, the German company intends to invest 400m rubles in the construction and operation of the plant. The new plant is to start work next year.
It will produce tools and equipment for the medical, optical mechanics, aviation and automobile industries. Besides production units, a showroom for demonstrating the equipment, a technical service and repair center, and stores will be built. The company is also going to build a training center.