◂ Announcements

Apr 20, 2021INVESTMENTChina

JIDB Group to invest 400M RMB in two-piece can lines with SLAC

JIDB Group, a sister company of TaiWan JiYuan, signed a letter of intent with Suzhou SLAC Precision Equipment to supply and manufacture two-piece can lines. JIDB plans to invest approximately 400M RMB in several lines from 2022 to 2025.

Value

$61.6M (400.0M CNY)

Starts operating

2022

Status

Announced

Productstwo-piece can lines

CompaniesJIDB Group Suzhou SLAC Precision Equipment partner TaiWan JiYuan partner

Sectors#Packaging

“JIDB is planning to create several two pieces can manufacturing line from the year 2022 to 2025 with, a total valued investment capital of approximately 400M RMB”metalpackager.com

1 source
metalpackager.comJIDB Group to install SLAC two-piece can line - The Metal PackagerThe Metal Packager TeamApr 20, 2021

Summarized from public sources; check the original articles before acting on it.

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