# Ruizhi Qingdao breaks ground on 3 million compressor capacity expansion

Ruizhi (Qingdao) Precision Electromechanical broke ground in Qingdao's West Coast New Area on a project adding 3 million compressors of capacity, with a total investment of RMB 387 million and about 41,000 square metres of new plant. Output is expected to rise from 9.36 million to 12 million units.

- Type: Expansion
- Announced: 2018-07-10
- Where: Qingdao West Coast New Area, China
- Value: $57.0M (387.0M CNY)
- Status: under construction
- Capacity: 3 million compressors added; total output to 12 million units
- Products: compressors, compressor motors, brushless DC motors, heat pump water heaters
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ruizhi (Qingdao) Precision Electromechanical](https://endata.com/companies/3573.md)

## Sources

- [epaper.qingdaonews.com](https://epaper.qingdaonews.com/html/qdzb/20180711/qdzb1202129.html), 2018-07-11: "新增300万台压缩机产能项目新区开工奠基。"

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