# Weihua starts construction of low-carbon intelligent equipment industrial park

Weihua Group started construction of the Weihua Low-Carbon Intelligent Equipment Industrial Park in Changyuan, China, with a total investment of 4 billion yuan, expected to create over 3,000 jobs and produce cranes, reducers, and motors.

- Type: New facility
- Announced: 2022-10-10
- Where: Changyuan, Henan, China
- Value: $555.0M (4.00B CNY)
- Jobs: 3,000
- Status: under construction
- Capacity: annual output value expected to exceed 10 billion yuan
- Products: low-carbon cranes, three-in-one reducers, new motors, high-end precision accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Weihua Group](https://endata.com/companies/25302.md)

## Sources

- [weihuacraneglobal.com](https://www.weihuacraneglobal.com/media-coverage/3ea4b849a4993efeac180a4345913d63.html), 2022-10-11: "After the project is fully completed and reaches capacity, the annual output value is expected to exceed 10 billion yuan, with more than 3,000 new jobs."

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