# Suzhou Neway Valve starts 1 billion yuan forging project in Liyang

Suzhou Neway Valve Co. started a forging project with a total investment of 1 billion yuan in the Green Casting Technology Industrial Park in Zhuchi Town, Liyang. The first phase targets an annual capacity of 50,000 tons.

- Type: New facility
- Announced: 2018-04-11
- Where: Zhuchi Town, Liyang, China
- Value: $157.0M (1.00B CNY)
- Status: under construction
- Capacity: 50000 tons per year forging output (first phase)
- Products: forgings, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Suzhou Neway Valve](https://endata.com/companies/3290.md)

## Sources

- [en.nbbonny.com](https://en.nbbonny.com/news/10%E4%BA%BF%E9%94%BB%E4%BB%B6%E9%A1%B9%E7%9B%AE%E5%BC%80%E5%B7%A5%EF%BC%81%E6%8A%95%E4%BA%A7%E5%90%8E%E5%B9%B4%E4%BA%A7%E5%8F%AF%E8%BE%BE5%E4%BA%BF-4.html), 2018-05-21: "the forging project with a total investment of 1 billion yuan by Suzhou Neway Valve Co., Ltd. started in the Green Casting Technology Industrial Park."

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