# CHIRON Group opens €15M 'Future Factory' in Taicang, China

CHIRON Group (巨浪集团) opened its 'Taicang Future Factory' in Jiangsu Province, China, on May 28, 2019. The €15 million facility covers 36,000 square meters, with initial annual capacity of 200 machine tools, producing four types of machining centers for automotive, aerospace, medical, and precision manufacturing sectors.

- Type: New facility
- Announced: 2019-05-28
- Where: Taicang, Jiangsu Province, China
- Value: $17.0M (15.0M EUR)
- Starts operating: 28 May 2019
- Status: completed
- Capacity: 200 machine tools per year
- Products: vertical machining centers, turning centers, five-axis machining centers, dual-spindle turning centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Chiron](https://endata.com/companies/17289.md)

## Sources

- [auto.gasgoo.com](https://auto.gasgoo.com/News/2019/05/290136103610I70107864C103.shtml), 2019-05-29: "毫无疑问，在全球经济中，中国市场占有举足轻重的地位"

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