The governor of the Ulyanovsk region Sergey Morozov and General Director of JSC "
The new production of machine tools will be placed in Ulyanovsk in the former factory "UZTS." The plant will retain its original name, the products will be sold under the brand name "UZTS," said the press service of the Ulyanovsk Region Development Corporation.
The company will produce machines for the needs of the railway. Investment in the project will amount to more than 300 million rubles will be created about 50-60 new jobs. Design and construction work will begin in 2013, the yield on the calculated capacity is planned for 2017. Agreement with the company achieved Ulyanovsk Region Development Corporation.
'The volume of output will reach 30-40 machines per year, will be built industrial building and the Corps of Engineers. As part of the project, we also plan to create a service center for our products, "- said Sergey Kaluga.