# Sichuan Feiqiu Group to build valve manufacturing base in Zigong, Sichuan

Sichuan Feiqiu Group signed an investment agreement with the Zigong High-tech Zone Management Committee to build a valve R&D, manufacturing, testing and sales base in the Banchang industrial park. The total planned investment is 320 million yuan, with the first phase at about 240 million yuan and a one-year construction period.

- Type: New facility
- Announced: 2017-12-12
- Where: Zigong, Sichuan, China
- Value: $48.5M (320.0M CNY)
- Status: announced
- Capacity: Annual sales revenue above 300 million yuan after start of production
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Sichuan Feiqiu Group](https://endata.com/companies/2538.md)

## Sources

- [famens.com](http://www.famens.com/news/201712/324493.html), 2017-12-12: "预计总投资为3.2亿元人民币。"

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