# Shandong Tongyue Heavy Industry starts Phase II of mining vehicle plant

Shandong Tongyue Heavy Industry held a groundbreaking ceremony for Phase II of its intelligent mining vehicle project in Yuebu Mountain Economic Development Zone. The phase involves a CNY 200 million investment, 65 mu of land, and will produce large dump trucks and underground loaders. Construction is expected to start in late April 2021 and be completed by November 2021.

- Type: Expansion
- Announced: 2021-04-20
- Where: Yuebu Mountain Economic Development Zone, Weicheng District, Weifang, Shandong, China
- Value: $31.0M (200.0M CNY)
- Starts operating: Nov 2021
- Status: under construction
- Capacity: 27,716 square meters of workshop space, 107 pieces of equipment
- Products: large dump trucks, underground loaders
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Shandong Tongyue Heavy Industry](https://endata.com/companies/54592.md)

## Sources

- [news.21-sun.com](https://news.21-sun.com/detail/2021/04/2021042109245940.shtml), 2021-04-21: "本次奠基仪式项目是我公司二期项目现场，项目占地65亩，总投资2亿元，已入围山东省新旧动能转换优选项目。"

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