# Dalian Machine Tool Group to build CNY 4.5B East China base in Zhangjiagang

Dalian Machine Tool Group signed an agreement to invest 4.5 billion yuan to build an East China base in Zhangjiagang Economic and Technological Development Zone. The project will include machine tool manufacturing, remanufacturing, and incubation bases, with an expected annual output of about 10 billion yuan.

- Type: New facility
- Announced: 2016-04-06
- Where: Zhangjiagang, Jiangsu, China
- Value: $690.0M (4.50B CNY)
- Status: announced
- Capacity: 10,000 CNC machine tools per year
- Products: CNC machine tools, robots, smart equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dalian Machine Tool Group](https://endata.com/companies/16383.md)

## Sources

- [o411.cn](http://www.o411.cn/news/Info.asp?ID=5784), 2016-11-22: "总投资45亿元的大连机床集团华东基地项目签约仪式在张家港经济技术开发区举行。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
