# Hyundai Heavy Machinery founds $100M loader and excavator plant in Tai'an

Hyundai Heavy Machinery founded a project in the Hi-tech Development Zone of Tai'an, Shandong, China on 16 July 2010, with a total investment of $100 million. The plant will manufacture loaders and excavators, with the first stage (loader line) planned to be operational before June 2011.

- Type: New facility
- Announced: 2017-07-20
- Where: Tai'an, Shandong, China, China
- Value: $100.0M
- Starts operating: Jun 2011
- Status: under construction
- Capacity: annual production capacity of more than 10,000 loaders (first stage)
- Products: loaders, excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hyundai Heavy Machinery](https://endata.com/companies/25760.md)

## Sources

- [chinaservicesinfo.com](https://www.chinaservicesinfo.com/s/201707/20/WS5b77ea97498e855160e88f22/hyundai-heavy-industry-machinery-project-founded-in-taian.html), 2017-07-20: "With a total investment of $100 million, the project mainly manufactures loaders and excavators, achieving estimated annual sales revenues of 6 billion yuan after completely put into operation."

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