# KION Group expands Xiamen warehouse truck production, builds new Jinan plant

KION Group is expanding its warehouse truck production in Xiamen with a new factory that began operations in 2020, and is building a new counterbalance truck plant in Jinan, China, with an investment of about EUR 100 million, expected to start production in 2022 and create over 800 jobs by 2025.

- Type: Expansion
- Announced: 2021-03-03
- Where: Xiamen and Jinan, China, China
- Value: $119.0M (100.0M EUR)
- Jobs: 800
- Starts operating: 2022
- Status: under construction
- Products: warehouse trucks, counterbalance forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [KION Group](https://endata.com/companies/16287.md)

## Sources

- [focus.scol.com.cn](https://focus.scol.com.cn/zgsz/202103/58072196.html), 2021-03-03: "济南新工厂建设正按计划推进，该工厂计划到2025年创造800个以上就业岗位"

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