# Hengli Hydraulic plans 500 million yuan phase two hydraulic casting project

Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its hydraulic casting project in Wujin, Changzhou, adding 30,000 tonnes a year of capacity. The announcement was made on 28 February 2018 and the build takes one year.

- Type: Investment
- Announced: 2018-02-28
- Where: Wujin, Changzhou, China
- Value: $79.0M (500.0M CNY)
- Status: announced
- Capacity: 30,000 tonnes per year of hydraulic castings
- Products: hydraulic castings, pump and valve castings, industrial valve castings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hengli Hydraulic](https://endata.com/companies/2903.md) (investor)

## Sources

- [cs.com.cn](https://www.cs.com.cn/ssgs/ggjjd/20150607_79637/201802/t20180228_5725214.html), 2018-02-28: "公司拟使用自有资金5亿元投资建设铸件项目二期"

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