# Tuoshan Heavy Industry to build $172M engineering machinery parts plant in Guangde, China

Anhui Tuoshan Heavy Industry's subsidiary Tuoshan Precision Technology signed an investment agreement with Guangde Economic Development Zone to build a facility producing 150,000 tons/year of engineering machinery core components. The total investment is 1.2 billion yuan.

- Type: New facility
- Announced: 2022-11-14
- Where: Guangde Economic Development Zone, Anhui, China
- Value: $172.0M (1.20B CNY)
- Status: announced
- Capacity: 150,000 tons per year
- Products: engineering machinery core components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Anhui Tuoshan Heavy Industry](https://endata.com/companies/67343.md)
- [Anhui Tuoshan Precision Technology](https://endata.com/companies/67344.md)

## Sources

- [tuoshangroup.com](https://www.tuoshangroup.com/nd.jsp?fromMid=311&id=26), 2022-12-15: "项目计划总投资12亿元。"

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