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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Fives inaugurates 7,000 sqm Phase III workshop at Fives Cryo Suzhou in China · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Dec 5, 2023EXPANSIONTaicang, Jiangsu, China

Fives inaugurates 7,000 sqm Phase III workshop at Fives Cryo Suzhou in China

Fives inaugurated a new 7,000 sqm workshop at its Fives Cryo Suzhou subsidiary in Taicang, Jiangsu, funded by a EUR 7 million investment. It will make hydrogen-proven cryogenic equipment, combustion products and control systems.

Value

$7.60M (7.00M EUR)

Status

Completed

Capacity

7,000 sqm workshop

Productscold boxesheat exchangerscryogenic pumpscombustion productscontrol systems

CompaniesFives

Sectors#Industrial Machinery

“has recently extended its workshop capacities thanks to a €7M investment from Fives group.”bearing-news.com

1 source
bearing-news.comFives inaugurates its Phase III Factory in China - BEARING NEWSDec 5, 2023

Summarized from public sources; check the original articles before acting on it.

More from Fives

Oct 20, 2025ACQUISITION
Alfa Laval completes acquisition of Fives cryogenics business unit
Alfa Laval acquirer Fives partner worldpumps.com
Jul 8, 2025ACQUISITIONFrance$936.0M
Alfa Laval completes acquisition of Fives Energy Cryogenics from Fives Group
Alfa Laval acquirer Fives partner worldpumps.com pumpsindia.com heat-exchanger-world.com
Mar 21, 2025ACQUISITIONFrance$860.0M
Alfa Laval agrees to acquire Fives Cryogenics for EUR 800 million
Alfa Laval acquirer Fives partner alfalaval.com whitecase.com bebeez.eu
Feb 17, 2022PARTNERSHIP
Plug Power, Atlas Copco Mafi-Trench and Fives collaborate on hydrogen liquefiers
Atlas Copco partner Fives partner jouleprocess.com
Mar 19, 2020CONTRACTTürkiye
Fives to supply Cryomec pumps for Diler Demir Çelik air separation unit
Fives supplier Diler Demir Çelik customer fivesgroup.com
Feb 12, 2019CONTRACTFujian province and Inner Mongolia province, China
Fives to supply nine Cryomec high pressure pumps for two Chinese projects
Fives supplier fivesgroup.com

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