# Sinotruk opens $2.3B heavy-duty truck plant in Jinan

Sinotruk (China National Heavy Duty Truck Group) put into operation a new assembly plant in Laiwu District, Jinan, Shandong. The plant cost 15 billion yuan ($2.3 billion) and can produce up to 100,000 heavy-duty trucks annually.

- Type: New facility
- Announced: 2020-11-19
- Where: Laiwu District, Jinan, Shandong Province, China
- Value: $2.30B (15.0B CNY)
- Starts operating: 19 Nov 2020
- Status: completed
- Capacity: 100,000 heavy-duty trucks annually
- Products: heavy-duty trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SINOTRUK](https://endata.com/companies/19998.md)

## Sources

- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202011/23/WS5fbb7c6d498eaba5051bd181/chinas-heavy-duty-truck-giant-launches-2-3b-plant.html), 2020-11-23: "The China National Heavy Duty Truck Group, or Sinotruk, on Thursday officially put into operation an assembly plant that can churn out up to 100,000 heavy-duty trucks annually."

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