In its expansion process Preziss announces a new productive plant to increase over 40% its production and R&D capacity. This new investment will allow the company to continue adopting new technologies to attend the automotive and Aerospace industries challenges in a much advanced and efficient manner.
E-Mobility, Hybrid solutions & Efficiency concepts are continuously tracing to an intensive adoption of new lightweight and technically advanced materials. Those industries require the adoption of new tooling technologies which will be capable to bring the right performance on those complex materials and processes.
We expect to have the plant at full capacity in February 2019. The acquisition of new technology will allow Preziss to produce High tech tools like: boring tools, reamers, PCD solid head drills, PCD and CVD micro tools for many different applications and materials.