# Nanjing Tengya to build precision tool R&D and manufacturing base in Ma'anshan

Nanjing Tengya Precision Tool Technology Co., Ltd. invested 2 billion yuan to build a precision tool R&D and manufacturing base in the Bo'wang District of Ma'anshan, Anhui Province. The project will cover 100 mu, with 100,000 square meters of R&D and production space, and is expected to start construction by the end of June 2020.

- Type: New facility
- Announced: 2020-03-20
- Where: Bo'wang District, Ma'anshan, Anhui Province, China
- Value: $282.0M (2.00B CNY)
- Starts operating: Jun 2020
- Status: announced
- Products: precision tools, pneumatic tools, pneumatic nail guns, robotic precision machining
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nanjing Tengya Precision Tool Technology Co., Ltd.](https://endata.com/companies/46091.md)

## Sources

- [ahjjw.com.cn](https://www.ahjjw.com.cn/html/diyizhaoshang/2020/0324/101269.html), 2020-03-24: "3月20日，总投资20亿元的博望精密工具研发与制造基地项目在马鞍山市博望区成功签约，该项目将于今年6月底前开工。"

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