# KION opens new forklift plant in Jinan, China

KION Group opened a new factory in Jinan, China, with a total investment of 5 billion RMB, producing counterbalance forklifts with an annual capacity of 40,000 units, and launched the first Linde electric forklift.

- Type: New facility
- Announced: 2021-12-16
- Where: Jinan, Shandong, China
- Value: $785.0M (5.00B CNY)
- Starts operating: 16 Dec 2021
- Status: completed
- Capacity: 40,000 units per year
- Products: counterbalance forklifts, electric counterbalance forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [KION Group](https://endata.com/companies/16287.md)
- [Weichai Power](https://endata.com/companies/4175.md) (partner)

## Sources

- [lindemh-cn.com](https://www.lindemh-cn.com/archives/6287), 2023-01-03: "凯傲济南新工厂对凯傲协同战略落地、实现公司四五战略规划具有重要意义"

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