# Xinshiye CNC Machine Tool Industrial Park under construction in Zhongxiang

The Xinshiye CNC Machine Tool Industrial Park, a CNY 1.2 billion project in Zhongxiang, Hubei, is under construction with 100,000 m² of new factory space. It is a joint investment by Hubei Tiezheng Machinery and Zhongxiang city government, aiming for completion by end of 2018 and production start in March 2019.

- Type: New facility
- Announced: 2018-11-23
- Where: Zhongxiang, Hubei, China, China
- Value: $173.0M (1.20B CNY)
- Starts operating: Mar 2019
- Status: under construction
- Capacity: 100,000 m² of factory space
- Products: CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hubei Tiezheng Machinery](https://endata.com/companies/19260.md)

## Sources

- [cnhubei.com](http://www.cnhubei.com/xwzt/2018/2018hch/201811/t4192966.shtml), 2018-11-23: "新视野总投资12亿元，将新建厂房10万平方米。"

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