# SW Germany to invest EUR 5M in third phase of Suzhou factory

SW Germany will invest an additional EUR 5 million in the third phase of its factory in Suzhou, Jiangsu province, over the next three years. The second phase, built with EUR 18 million, started operations in October 2023 with an annual capacity of 250 machine tools.

- Type: Expansion
- Announced: 2019-02-28
- Where: Suzhou, Jiangsu province, China
- Value: $5.36M (5.00M EUR)
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schwaebische Werkzeugmaschinen GmbH](https://endata.com/companies/37668.md)

## Sources

- [english.anhuinews.com](http://english.anhuinews.com/newscenter/headline/202311/t20231124_7236781.html), 2019-02-28: "SW Germany said it will increase investment in China, including a further 5 million euros to be spent on the third phase of its factory in Suzhou."

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