# Zhongli Machinery breaks ground on 12 billion yuan industrial park in Anji, China

Zhongli Machinery (EP Equipment) held a groundbreaking ceremony for its Zhongli Intelligent Industrial Park in Anji, Zhejiang Province. The project involves a total investment of 12 billion yuan, covering 321 mu (about 214,000 sqm) of land, with a planned building area of 327,806 sqm. The facility will produce 300,000 electric forklifts, tractors, pallet trucks, stackers and other electric warehouse handling vehicles annually, along with 1 million sets of mechanical parts.

- Type: New facility
- Announced: 2020-10-24
- Where: Anji, Zhejiang, China, China
- Value: $1.78B (12.0B CNY)
- Status: under construction
- Capacity: 300,000 electric vehicles/year, 1 million mechanical parts sets/year
- Products: electric forklifts, electric tractors, electric pallet trucks, electric stackers, mechanical parts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Zhejiang Zhongli Machinery Co., Ltd.](https://endata.com/companies/50736.md)

## Sources

- [chinaforklift.com](https://www.chinaforklift.com/news/detail/202010/73023_2.html), 2020-10-24: "中力智能工业园项目的启动，为中力第二个10年的发展奠定了基础"

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