# 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.

- Type: Investment
- Announced: 2021-04-20
- Where: China
- Value: $61.6M (400.0M CNY)
- Starts operating: 2022
- Status: announced
- Products: two-piece can lines
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [JIDB Group](https://endata.com/companies/54567.md)
- [Suzhou SLAC Precision Equipment](https://endata.com/companies/50248.md) (partner)
- [TaiWan JiYuan](https://endata.com/companies/54568.md) (partner)

## Sources

- [metalpackager.com](https://metalpackager.com/2021/04/slac-jidb/), 2021-04-20: "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"

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