# Jinfangyuan opens EUR 100M laser cutting machine plant in Yangzhou, China

Jinfangyuan, a joint venture of Trumpf and Jiangsu Jinfangyuan CNC Machine Tool, opened the first phase of its Nanyuan project in Yangzhou, China. The EUR 100 million facility will produce over 500 laser cutting machines annually.

- Type: New facility
- Announced: 2018-05-17
- Where: Yangzhou, Jiangsu, China
- Value: $117.0M (100.0M EUR)
- Starts operating: 17 May 2018
- Status: completed
- Capacity: 500 units per year
- Products: laser cutting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jiangsu Jinfangyuan CNC Machine Tool](https://endata.com/companies/18630.md)
- [Trumpf](https://endata.com/companies/18618.md) (partner)

## Sources

- [jsnews.jschina.com.cn](https://jsnews.jschina.com.cn/yz/a/201805/t20180518_1612029.shtml), 2018-05-18: "以前，国内生产线都是固定式装配，工人动、机器不动，形成了错综复杂的路径和大量库存、人流以及物流压力。"

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