# Miba to build EUR 10M high-power resistor plant in Qingxi near Shenzhen

Miba Power Electronics Group will invest around EUR 10 million in a new high-power resistor production plant in Qingxi near Shenzhen, China. The plant is to employ about 300 people and begin operations in mid-2019.

- Type: New facility
- Announced: 2018-04-11
- Where: Qingxi, Shenzhen, China
- Value: $12.3M (10.0M EUR)
- Jobs: 300
- Status: announced
- Capacity: production area of 12,000 square meters
- Products: high-power resistors, EBG Resistors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Miba AG](https://endata.com/companies/1421.md)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-to-build-two-new-plants-near-shanghai-and-shenzhen), 2018-04-11: "In the region of Shenzhen near Hong Kong, the Miba Power Electronics Group will invest around EUR 10 million to build a new production plant for high-power resistors for Miba's brand EBG Resistors."

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