# Hangzhou Machine Tool builds smart grinding machine factory in Pujiang

Hangzhou Machine Tool (Hangji) completed its 'Grinding Machine Intelligent Manufacturing Industrialization + Future Factory Construction Project' in Pujiang County Economic Development Zone, a 145.75 mu site with an investment of 504.58 million yuan, to produce 2,820 smart grinding machines annually.

- Type: Expansion
- Announced: 2023-01-10
- Where: Pujiang County, Zhejiang, China
- Value: $74.0M (504.6M CNY)
- Starts operating: 10 Jan 2023
- Status: completed
- Capacity: 2820 smart grinding machines per year
- Products: smart grinding machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zhejiang Hangji Machine Tool Co., Ltd.](https://endata.com/companies/41212.md)

## Sources

- [hzmtg.com](https://www.hzmtg.com/news_17/448.html), 2023-01-10: "项目总体目标立足于机床门类中加工精度最高的磨床，推进磨床智能制造产业化建设，并通过'未来工厂'建设，完成现代化智能制造设计布局，打造成国内磨床产品的技术和产业制高点"

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