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Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

Oct 28, 2022INVESTMENTChina, China

TBEA Shandong Luneng to invest $140M in digital transformation of cable plant

TBEA's subsidiary Shandong Luneng Tai'an Cable Co. will invest 1.002 billion yuan ($140 million) in a digital transformation project at its existing cable plant. The project will add automation equipment and two continuous vulcanization lines to boost production of high-voltage and smart cables.

Value

$140.0M (1.00B CNY)

Status

Announced

Productshigh-voltage cablessmart cablesmedium-voltage cableslow-voltage cables

CompaniesShandong Luneng Tai'an Cable Co.TBEA partner

Sectors#Electrical Equipment

“为了提高公司高压电线电缆、智能电线电缆等产品的生产规模和市场竞争力，提升公司自动化生产水平”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com特变电工(600089.SH)下属鲁缆公司拟投10亿元实施数字化技术改造项目Oct 28, 2022

Summarized from public sources; check the original articles before acting on it.

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