# Sany to build $50M crawler crane plant in Huzhou, China

Sany Heavy Industry broke ground on a 345,000-square-meter Phase 2 production base for crawler cranes in Huzhou, Zhejiang, with an investment of over 5 billion yuan ($50M). The facility will produce 3,600 crawler cranes and tower crane components annually, with an expected annual output value of over 15 billion yuan.

- Type: New facility
- Announced: 2020-11-03
- Where: Huzhou, Zhejiang, China
- Value: $750.0M (5.00B CNY)
- Starts operating: Jul 2021
- Status: under construction
- Capacity: 3,600 crawler cranes and tower crane components per year
- Products: crawler cranes, tower crane components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Sany Heavy Industry](https://endata.com/companies/25935.md)

## Sources

- [news.cmol.com](http://news.cmol.com/2020/1103/85361.html), 2020-11-03: "项目建成后，将形成年产3600台履带起重机和塔机标准节、吊臂的生产能力，预计实现年产值超150亿元。"

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