# Dematic China to build new plant in Jinan, Shandong

Dematic, a KION Group subsidiary, held a groundbreaking ceremony for a new plant in Jinan, Shandong. The plant has a planned area of 150,000 square meters and is expected to attract about RMB 300 million in investment. Operations will commence in Q1 2023.

- Type: New facility
- Announced: 2021-12-16
- Where: Jinan, Shandong, China
- Value: $47.0M (300.0M CNY)
- Jobs: 300
- Starts operating: Q1 2023
- Status: under construction
- Capacity: 150,000 square meters
- Products: material handling equipment, automation solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Dematic](https://endata.com/companies/5554.md)
- [KION Group](https://endata.com/companies/16287.md) (investor)
- [KION Group](https://endata.com/companies/16287.md) (partner)

## Sources

- [dematic.cn](https://www.dematic.cn/newsroom/press-releases/2021/dematic-china-to-build-new-plant-in-jinan-shandong-province/), 2021-12-16: "Dematic 在山东济南为新工厂举行了奠基仪式。"
- [jinan.iqilu.com](https://jinan.iqilu.com/news/2021/1216/5022335.shtml), 2021-12-16: "美国德马泰克项目也在现场宣布开工。"
- [dematic.com](https://www.dematic.com/en-gb/newsroom/press-releases/2021/dematic-china-to-build-new-plant-in-jinan-shandong-province/), 2021-12-16: "With Dematic's new plant, KION Group takes another step in tapping the potential of this important market and improving its market share in China."
- [en.commerce.shandong.gov.cn](http://en.commerce.shandong.gov.cn/art/2021/12/20/art_25372_10287923.html), 2021-12-20: "The American Dematic automation equipment factory covers an area of nearly 200 mu (13.33 hectares) and represents an investment of 40 million euros ($45.3 million)."

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