# LiuGong to invest 1.07B yuan in loader lighthouse factory in Liuzhou

LiuGong plans to invest approximately 1.07 billion yuan in its loader lighthouse factory, expected to be completed by the end of 2023, with an annual production capacity of 30,000 high-end loaders.

- Type: Expansion
- Announced: 2021-07-02
- Where: Liuzhou, China
- Value: $165.0M (1.07B CNY)
- Starts operating: 2023
- Status: announced
- Capacity: 30,000 high-end loaders per year
- Products: high-end loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [LiuGong](https://endata.com/companies/16619.md)

## Sources

- [news.21-sun.com](https://news.21-sun.com/detail/2021/07/20210702114506526.shtml), 2021-07-02: "公司装载机灯塔工厂拟自筹资金投资约10.7亿，预计2023年底前完成，建成后年产3万台高端装载机。"

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