# Lingong Zhongte breaks ground on electric forklift plant in Mengyin, China

Lingong Zhongte (Shandong) Heavy Industry Co., Ltd. held a groundbreaking ceremony on March 29, 2019, for a new electric forklift production facility in Mengyin County, Shandong, China. The project involves an investment of 650 million yuan and is expected to produce 20,000 forklifts annually, with operations targeted to start by the end of 2019.

- Type: New facility
- Announced: 2019-03-29
- Where: Mengyin County, Shandong, China
- Value: $96.8M (650.0M CNY)
- Starts operating: 2019
- Status: under construction
- Capacity: 20,000 forklifts per year
- Products: electric forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Lingong Zhongte (Shandong) Heavy Industry](https://endata.com/companies/38378.md)

## Sources

- [chinaagv.com](https://www.chinaagv.com/news/detail/201904/8693.html), 2019-04-01: "该项目是积极响应新旧动能转换号召，寻求动能转换的新产品、新技术、新业态，在充分调研基础上，确定新上叉车生产项目，总投资6.5亿元"

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