# Daikin breaks ground on $1.4B R&D center in Suzhou Industrial Park

Daikin broke ground on a new R&D center in Suzhou Industrial Park, China, with an investment of 1 billion yuan (approx. $140 million), scheduled for completion in 2024.

- Type: New facility
- Announced: 2022-09-07
- Where: Suzhou Industrial Park, Suzhou, China, China
- Value: $140.0M (1.00B CNY)
- Starts operating: 2024
- Status: under construction
- Products: air conditioning technology, core alternative materials
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin](https://endata.com/companies/10434.md)

## Sources

- [news.2500sz.com](https://news.2500sz.com/doc/2022/09/07/894598.shtml), 2022-09-07: "该研发中心是集团的又一全球化重要布局，项目投资10亿元，计划2024年竣工投用，届时将成为大金在全球规模最大的研发中心。"

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