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SCHMID Group has signed a preliminary agreement with local authorities in Banfu Industrial Zone, Zhongshan, Guangdong Province, China, to establish a new manufacturing campus. The facility will consolidate two existing leased sites, nearly double effective manufacturing capacity, and support production of wet-process equipment for electronics and semiconductors. The total investment is expected to be approximately €11 million.
“SCHMID Group...announced that it has signed a preliminary manufacturing project letter of intent and investment framework agreement with local authorities in Banfu Industrial Zone, Zhongshan, Guangdong Province, China, regarding the establishment of a new manufacturing campus.”schmid-group.com
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