# YATO Tools breaks ground on $15M plant in Jiaxing, China

YATO Tools (Jiaxing) Co., Ltd., a subsidiary of Poland's TOYA.S.A, held a foundation ceremony for a new 23,500 square meter facility in Baibu Town, Haiyan, with an investment of $15 million. The plant will produce 260,000 tool sets and 300,000 power tools annually.

- Type: New facility
- Announced: 2020-12-09
- Where: Baibu Town, Haiyan, Jiaxing, China
- Value: $15.0M
- Status: under construction
- Capacity: 260,000 sets of tool sets and 300,000 pieces of power tools per year
- Products: tool sets, power tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [YATO Tools (Jiaxing)](https://endata.com/companies/51984.md)
- [TOYA.S.A](https://endata.com/companies/51985.md) (investor)

## Sources

- [yatohandtools.com](https://www.yatohandtools.com/Company-news/celebrate-the-foundation-laying-ceremony-of-yato-tools-jiaxing-co-ltd), 2020-12-18: "YATO tools (jiaxing) co., LTD., a foreign-funded company, fully invested by TOYA.S.A of Poland, is planning to build 23,500 square meters of 3D warehouse and production, including the assembly and logistics integration base in haiyan baibu, with an investment of $15 million."

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