# GROB Group signs €20M machine tool order with Shaanxi Fast

GROB Group signed a major order for machine tools worth over €20 million with automatic transmission manufacturer Shaanxi Fast at the CIIE signing ceremony. The new machining centers will help Shaanxi Fast increase annual output from 40,000 to 200,000 units.

- Type: Contract
- Announced: 2020-11-06
- Where: China
- Value: $24.0M (20.0M EUR)
- Status: completed
- Products: machining centers, machine tools
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GROB](https://endata.com/companies/16768.md) (supplier)
- [Shaanxi Fast](https://endata.com/companies/51905.md) (customer)

## Sources

- [grobgroup.com](https://www.grobgroup.com/en/news-media/newsroom/presstexts/article/grob-and-shaanxi-fast-successful-cooperation-again/), 2020-12-15: "At the signing ceremony, automatic transmission manufacturer Shaanxi Fast and the GROB Group successfully signed a major order for machine tools worth over 20 million euros."

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