# Singapore's Jihua Industrial to expand valve plant in Dezhou, Shandong, with USD 16 million

Singapore-based Jihua Industrial invested in a project to produce 500,000 valve sets a year in Ningjin County, Dezhou, Shandong, with a total investment of USD 16 million including USD 10 million for new CNC equipment. Annual sales are expected to reach about CNY 200 million.

- Type: Expansion
- Announced: 2022-02-11
- Where: Ningjin County, Dezhou, Shandong, China
- Value: $16.0M
- Status: announced
- Capacity: 500,000 sets of valves and pipe fittings per year
- Products: valves, pipe fittings, valve joints
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Jihua Industrial](https://endata.com/companies/8912.md) (investor)

## Sources

- [dezhou.iqilu.com](https://dezhou.iqilu.com/dzshizheng/2022/0211/5059466.shtml), 2022-02-11: "德州市总投资1600万美元的年产50万套阀门增资项目签约，项目由新加坡集华工业私人有限公司投资兴建。"

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