# China Tungsten and Hightech to expand CNC insert line with CNY 93.16M

China Tungsten and Hightech's subsidiary Chengdu Great Wall Cutting Tools will invest CNY 93.16 million to expand its CNC insert production line, adding 10 million pieces/year capacity to the existing 10 million pieces/year. Construction period is 9 months.

- Type: Expansion
- Announced: 2022-02-24
- Where: Chengdu, China
- Value: $14.7M (93.2M CNY)
- Starts operating: Nov 2022
- Status: announced
- Capacity: 10 million pieces/year (additional)
- Products: CNC inserts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [China Tungsten and Hightech](https://endata.com/companies/61254.md)
- [Chengdu Great Wall Cutting Tools](https://endata.com/companies/61255.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/664101.html), 2022-02-24: "同意公司下属自贡硬质合金有限责任公司控股的成都长城切削刀具有限责任公司自筹资金9316万元，对其现有数控刀片生产线进行扩能改造，在原1000万片年产能基础上，新增产能1000万片/年。"

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