Elektrisola to invest $25.5M expanding Hangzhou factory

Elektrisola, a German manufacturer of enameled copper wire, decided to invest $25.5 million to extend its factory in Pingyao town, Yuhang district, Hangzhou, China. The expansion is expected to come into service at the end of 2019.

“Elektrisola has decided to further expand its business in China by investing $25.5 million to extend its factory which will come into service at the end of 2019.”global.chinadaily.com.cn

• 1 source
• global.chinadaily.com.cnGerman company seeking business expansion in China - Chinadaily.com.cn孙汝Oct 22, 2018

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