# Baoli plans €100M investment in new plant in Jinan, China

Baoli, a Kion Group brand, inaugurated a new plant for counterbalanced forklifts in Jinan, China, at the end of December 2021, with a planned investment of about €100 million and over 800 new jobs expected before 2025.

- Type: Expansion
- Announced: 2022-04-26
- Where: Jinan, Shandong province, China, China
- Value: $110.0M (100.0M EUR)
- Jobs: 800
- Starts operating: Dec 2021
- Status: completed
- Products: counterbalanced forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Baoli](https://endata.com/companies/62516.md)
- [KION Group](https://endata.com/companies/16287.md) (investor)

## Sources

- [logistica.cdecomunicacion.es](https://logistica.cdecomunicacion.es/noticias/proveedores/51662/baoli-invierte-100-millones-china), 2022-04-26: "Un espacio pionero para el que se prevé invertir cerca de 100 millones de euros y que, antes de 2025, creará más de 800 nuevos puestos de trabajo."

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