# Atlas Copco to build RMB 3 billion industrial compressor R&D and manufacturing plant in Wuxi

Atlas Copco will invest RMB 3 billion to build a China headquarters and R&D and manufacturing plant for industrial compressors in Wuxi New District, with annual capacity of 163,000 units. The project was signed on February 21, 2022.

- Type: New facility
- Announced: 2022-02-21
- Where: Wuxi High-tech Zone, Jiangsu, China
- Value: $470.0M (3.00B CNY)
- Status: announced
- Capacity: 163,000 units per year
- Products: industrial compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Atlas Copco](https://endata.com/companies/505.md)

## Sources

- [hg-news.cn](http://www.hg-news.cn/gaoxinqu/202202/999935141.html), 2022-02-22: "计划总投资30亿元，建设年产能16.3万台的先进智慧绿色工厂"
- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202202/24/WS621725bf498e6a12c121fd0d/atlas-copco-expands-investment-in-wnd-for-compressor-business.html), 2022-02-24: "The project, with a total investment of 3 billion yuan ($473.2 million), will become the largest manufacturing and product R&D base for Atlas Copco's industrial compressor business outside its Belgian headquarters."
- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202206/20/WS62b05fd7498ea2749279b283/atlas-copco-considers-wnd-bullish-on-development.html), 2022-06-20: "The project, with a total investment of 3 billion yuan ($473.2 million), will become the largest manufacturing and product R&D base for Atlas Copco's industrial compressor business outside its Belgian headquarters."

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