# XCMG breaks ground on 2 billion yuan intelligent manufacturing base in Foshan

XCMG held the groundbreaking ceremony for its Guangdong XCMG Intelligent Manufacturing Base in Danzao Town, Nanhai District, Foshan on January 16, 2021. The project involves a total investment of 2 billion yuan and will produce tower cranes and construction hoists, with annual capacity exceeding 5,000 units and annual sales revenue of 2.5 billion yuan.

- Type: New facility
- Announced: 2021-01-16
- Where: Danzao Town, Nanhai District, Foshan, Guangdong, China
- Value: $309.0M (2.00B CNY)
- Starts operating: 2021
- Status: under construction
- Capacity: 5,000 tower cranes and construction hoists per year
- Products: tower cranes, construction hoists
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Xuzhou Construction Machinery Group](https://endata.com/companies/42855.md)

## Sources

- [foshannews.net](https://www.foshannews.net/h/3348/20210823/533930.html), 2021-01-18: "On January 16, the groundbreaking ceremony of Intelligent Manufacturing Base of Guangdong Xuzhou Construction Machinery Group Co., Ltd. (XCMG) was officially held in Danzao Town, Nanhai District, Foshan."
- [ccm-1.com](https://www.ccm-1.com/news/687.html), 2021-01-18: "1月16日，落户在佛山南海区的广东徐工建机智能制造基地正式奠基。"

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