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UFI Filters Group signed an agreement with the JiaXing XiuZhou High-Technology Industrial Park Administrative Committee for a new plant in Zhejiang Province producing filtration systems and thermal management products for new energy vehicles. The investment is valued at around 25 million euros, and production is set to start in 2023.
“The investment valued around 25 million Euros is a plot of land to be developed jointly by the UFI Filters Group and JiaXing XiuZhou High-Technology Industrial Park Administrative Committee for a new plant.”ufifilters.com
Summarized from public sources; check the original articles before acting on it.