# Dematic to build Asia's largest production factory in Laiwu, Jinan

Kion subsidiary Dematic is building a smart logistics equipment factory in Laiwu District, Jinan, with a total investment of 1.17 billion yuan. Phase I investment is 600 million yuan. The factory will become the largest Dematic production plant in Asia, producing automated logistics equipment for customers like Huawei, Sinotruk, and Walmart.

- Type: New facility
- Announced: 2023-02-17
- Where: Laiwu District, Jinan, Shandong, China
- Value: $170.0M (1.17B CNY)
- Jobs: 500
- Starts operating: 2023
- Status: under construction
- Capacity: annual production: 760 pallet stackers, 140 modular box conveyor systems, 1000 electrical control cabinets, 80 light stackers
- Products: pallet stackers, modular box conveyor systems, electrical control cabinets, light stackers, automated logistics equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Dematic](https://endata.com/companies/5554.md)
- [KION Group](https://endata.com/companies/16287.md)

## Sources

- [jinan.iqilu.com](https://jinan.iqilu.com/news/2023/0217/5357615.shtml), 2023-02-17: "建成后将成为亚洲地区规模最大的德马泰克生产工厂"

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