# LiuGong to relocate concrete machinery business from Qidong to Liuzhou

LiuGong plans to move its concrete machinery business from Jiangsu Qidong to Guangxi Liuzhou, and dispose of the Qidong plant's assets to repay a loan of 195 million yuan to LiuGong Group.

- Type: Closure
- Announced: 2022-12-30
- Where: Qidong, Jiangsu Province, China
- Value: $28.0M (195.0M CNY)
- Status: announced
- Products: concrete machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [LiuGong](https://endata.com/companies/16619.md)
- [LiuGong Construction Machinery Jiangsu Co., Ltd.](https://endata.com/companies/67595.md)
- [Guangxi LiuGong](https://endata.com/companies/28815.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/855460.html), 2022-12-30: "公司拟将柳工建机从事的柳工混凝土机械业务从江苏启东回迁至广西柳州"

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