# PMT Boluosipan breaks ground on $70M machine tool plant in Zhuzhou, China

PMT Boluosipan (Beijing Boluosipan Precision Machine Tool Co., Ltd.) held a groundbreaking ceremony for a new high-end machine tool production base in Zhuzhou High-tech Zone, Xinma Industrial Park. The project has a total investment of CNY 500 million (approx. USD 70 million) and covers 100 mu (approx. 6.67 hectares).

- Type: New facility
- Announced: 2019-10-18
- Where: Zhuzhou High-tech Zone, Xinma Industrial Park, Zhuzhou, Hunan, China
- Value: $70.0M (500.0M CNY)
- Status: under construction
- Products: high-end machine tools, five-axis machining centers, multi-tasking turning-milling centers, CNC horizontal machining centers, CNC vertical machining centers, CNC horizontal lathes, CNC vertical lathes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Beijing Boluosipan Precision Machine Tool Co., Ltd.](https://endata.com/companies/42771.md)

## Sources

- [chinapmt.com](http://www.chinapmt.com/newsDetail/5-97-1.html), 2019-10-18: "PMT博鲁斯潘将在株洲高新区打造国内顶尖、国际一流水平的高端机床研发生产基地，填补国内高端机床细分领域空白，实现进口替代。"

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