# Hengli Hydraulic plans 500M yuan hydraulic casting project in Changzhou

Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its casting project in Wujin, Changzhou, to add 30,000 tons per year of hydraulic castings capacity, with a one-year build period.

- Type: Investment
- Announced: 2018-02-28
- Where: Wujin National High-tech Industrial Development Zone, Changzhou, China
- Value: $79.0M (500.0M CNY)
- Status: announced
- Capacity: 30,000 tons/year of hydraulic castings
- Products: hydraulic castings, industrial valve castings, manifold valve blocks, pump and motor housings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

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

## Sources

- [finance.stockstar.com](http://finance.stockstar.com/JC2018101100016717.shtml), 2018-03-01: "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.
