# Schneider Electric and Changde Tianma Electric partner for switchgear production in China

Schneider Electric and Changde Tianma Electric signed a cooperation agreement to produce compact intelligent modular vacuum switchgear (Premset 12KV) at Tianma's new plant in Changde, China. The new facility involves a total investment of 300 million yuan and is expected to be completed by May 2019.

- Type: Partnership
- Announced: 2018-09-21
- Where: Changde, Hunan, China, China
- Value: $43.7M (300.0M CNY)
- Status: announced
- Products: compact intelligent modular vacuum switchgear (Premset 12KV)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (partner)
- [Changde Tianma Electric Co., Ltd.](https://endata.com/companies/28012.md) (partner)

## Sources

- [cd.rednet.cn](https://cd.rednet.cn/content/2018/09/21/480335.html), 2018-09-21: "施耐德电气在授权生产5个拳头产品的基础上，将新开发的重量级产品（Premset12KV）紧凑型智能模块化真空开关柜的生产基地整体落户在常德天马电器新建厂区。"

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