# NBKBE to invest 250M RMB in automotive cable plant in Macheng, China

NBKBE signed an investment contract with the People's Government of Macheng City to build a factory in Macheng, Hubei Province, for automotive wires and cables. The total investment is at least 250 million RMB, and the project will become the company's sixth production base in China, producing new energy vehicle high-voltage cables, data cables, aluminum cables, and aluminum bars.

- Type: New facility
- Announced: 2022-08-04
- Where: Macheng, Hubei Province, China
- Value: $37.0M (250.0M CNY)
- Status: announced
- Products: new energy vehicle high-voltage cables, intelligent network connected automotive data cables, aluminum cables, aluminum bars
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NBKBE](https://endata.com/companies/64570.md)

## Sources

- [nbkbe.com](http://www.nbkbe.com/en.php/home/news/id/646), 2022-08-04: "The total investment of the company in the Macheng automotive cable project is not less than 250 million RMB."

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