# Chiron breaks ground on new factory in Taicang, China

Chiron Group has started construction of a new factory in Taicang, China, with an investment of over EUR 10 million. The first phase includes a 14,000 sqm building and 190 employees, targeting automotive, medical technology, and aerospace sectors.

- Type: New facility
- Announced: 2017-11-18
- Where: Taicang, China, China
- Value: $11.8M (10.0M EUR)
- Jobs: 190
- Starts operating: 2019
- Status: under construction
- Products: high-precision CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Chiron](https://endata.com/companies/17289.md)

## Sources

- [cncjichuang.com](https://www.cncjichuang.com/article/1786), 2017-11-18: "For us, China is an important growth market, where we see great potential, especially in the automotive, medical technology and aerospace industries."

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