# Longda Heavy CNC Machine Tool invests 120M yuan in CNC machine tool project in Zaozhuang

Longda Heavy CNC Machine Tool Co., Ltd. is investing 120 million yuan in a project to produce 500 large CNC machine tools annually in Shanting District, Zaozhuang. The project started in May 2020 with an 8-month construction period and includes three intelligent production lines and an IoT platform.

- Type: Expansion
- Announced: 2020-09-27
- Where: Shanting District, Zaozhuang, Shandong, China
- Value: $17.6M (120.0M CNY)
- Starts operating: Jan 2021
- Status: under construction
- Capacity: 500 large CNC machine tools per year
- Products: heavy CNC machining centers, drilling machines, milling machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Longda Heavy CNC Machine Tool Co., Ltd.](https://endata.com/companies/50174.md)

## Sources

- [zaozhuang.iqilu.com](https://zaozhuang.iqilu.com/zzyaowen/2020/0927/4659885.shtml), 2020-09-27: "该项目由隆大重型数控机床有限公司投资1.2亿元实施，今年5月份开工，建设周期8个月"

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