# Xingang Thermal Energy begins 150 million yuan air compressor plant in Zhangzhou

Xingang Thermal Energy broke ground in Zhangzhou Development Zone on a 150 million yuan plant making large permanent-magnet screw air compressors, with 8,000 wan yuan projected annual sales.

- Type: New facility
- Announced: 2020-08-18
- Where: Zhangzhou, China
- Value: $21.5M (150.0M CNY)
- Status: under construction
- Products: permanent-magnet screw air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Xingang Thermal Energy](https://endata.com/companies/6911.md)

## Sources

- [fj.sina.cn](http://fj.sina.cn/news/2020-08-19/detail-iivhuipn9425015.d.html?from=qudao), 2020-08-19: "项目计划投资1.5 亿元人民币，建设用地面积约13500平方米。"

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