# GF Machining Solutions breaks ground on $48M facility in Changzhou, China

GF Machining Solutions, a subsidiary of Georg Fischer, held a ground-breaking ceremony for a $48 million Phase II project in Changzhou National Hi-Tech District, China. The 32,000-square-meter facility will focus on R&D and production of high-end machine tools.

- Type: Expansion
- Announced: 2018-09-05
- Where: Changzhou National Hi-Tech District, Jiangsu, China
- Value: $48.0M
- Status: under construction
- Capacity: 32,000 square meters
- Products: high-end machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GF Machining Solutions](https://endata.com/companies/16878.md)
- [Georg Fischer](https://endata.com/companies/11126.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/swiss-multinational-group-invests-in-high-end-machine-tool-production-facility-in-changzhou-national-hi-tech-district-300709459.html), 2018-09-10: "GF Machining Solutions held a ground-breaking ceremony for its new Phase II project in Changzhou National Hi-Tech District."

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