# KION Group breaks ground on smart forklift plant in Jinan, China

KION Group's KION Smart Forklift project, part of the Shandong Heavy Industry Green Manufacturing Industrial City, broke ground on August 17, 2020. The first phase involves an investment of EUR 200 million to build a plant with an annual capacity of 40,000 high-end new energy forklifts, expected to be completed in 2021.

- Type: New facility
- Announced: 2020-08-17
- Where: Jinan, Shandong, China
- Value: $236.0M (200.0M EUR)
- Starts operating: 2021
- Status: under construction
- Capacity: 40,000 units per year
- Products: high-end new energy forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [KION Group](https://endata.com/companies/16287.md)
- [Shandong Heavy Industry Group](https://endata.com/companies/37551.md) (partner)

## Sources

- [commerce.shandong.gov.cn](http://commerce.shandong.gov.cn/art/2020/8/22/art_168892_9665715.html), 2020-08-22: "We firmly believe that this highly modern factory, including the KION value product R&D center, together with the further expanded sales and service network, will create important prerequisites for us to better serve Linde Material Handling and Baoli customers in the rapidly growing Chinese market."

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