KION Group begins construction of €100M counterbalance truck plant in Jinan, China
KION Group started construction of a new plant in Jinan, China to produce counterbalance trucks. The €100 million facility is expected to create over 800 jobs by 2025 and expand KION's product portfolio in the Chinese material handling market.
Value
$118.0M (100.0M EUR)
Productscounterbalance trucks
“We want to harness the potential of this important market even more effectively and expand our position as a leading supplier of intralogistics equipment in China.”kiongroup.com
- 5 sources
- kiongroup.comOur current press releases | KION GROUP AGAug 17, 2020
- kiongroup.comOur current press releases | KION GROUP AGAug 17, 2020
- chinadaily.com.cnKion and Sinotruk smart vehicle projects start construction - China - Chinadaily.com.cn刘川Aug 18, 2020
- chinadaily.com.cnKion and Sinotruk smart vehicle projects start construction - China - Chinadaily.com.cn刘川Aug 18, 2020
- commerce.shandong.gov.cn山东省商务厅 新闻资讯 山东济南引入2亿欧元大金额海外投资德国凯傲智能叉车和中国重汽智能网联重卡二期项目开工authorAug 22, 2020
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