# Pangeo starts construction of 8M-unit auto aluminum parts plant in Ningxiang

Pangeo (Hunan) Industrial Co., Ltd. began construction of an 800-million-unit annual capacity automotive aluminum alloy parts production base in Ningxiang Economic Development Zone, with a total investment of ¥400 million.

- Type: New facility
- Announced: 2021-06-29
- Where: Ningxiang Economic Development Zone, Changsha, Hunan, China, China
- Value: $62.0M (400.0M CNY)
- Status: under construction
- Capacity: 8 million sets per year
- Products: aluminum alloy automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Pangeo (Hunan) Industrial Co., Ltd.](https://endata.com/companies/56104.md)

## Sources

- [handfreemedia.com](https://www.handfreemedia.com/h/103024/20210629/719007.html), 2021-06-29: "磐吉奥年产800万套汽车铝合金配件生产基地在宁乡经开区正式开工建设。"

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