# Ju Teng International subsidiary to build new plant in Suzhou, China

Ju Teng International's indirect wholly-owned subsidiary Suzhou Dazhi signed a construction contract to build a new plant in Suzhou, China, with a total consideration of RMB 413 million. Construction is planned to start on July 1, 2020 and be completed by March 31, 2021.

- Type: New facility
- Announced: 2020-06-30
- Where: Suzhou, China
- Value: $58.3M (413.0M CNY)
- Starts operating: 31 Mar 2021
- Status: announced
- Products: production facilities, employee dormitories, warehouses, parking lots, complex buildings, wastewater treatment stations, passage corridors, pools, gate barriers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ju Teng International Holdings](https://endata.com/companies/16826.md)
- [Suzhou Dazhi](https://endata.com/companies/48203.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/314395.html), 2020-06-30: "透过于新苏州大智厂房内集中开展生产并精简生产程序，集团可提升生产效率，并降低生产成本。"

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