# Douson Drilling plans $146M expansion of industrial gear capacity in Nantong

Douson Drilling and Production Equipment plans to invest CNY 1 billion (USD 146 million) to build a new plant in Nantong, China, through its unit Kota Technology, to increase capacity for industrial equipment including tool kits for lithium battery copper foils. Construction to finish within 18 months of land acquisition, with operation starting six months after.

- Type: Expansion
- Announced: 2023-03-17
- Where: Nantong, China, China
- Value: $146.0M (1.00B CNY)
- Status: announced
- Products: industrial equipment, tool kits for lithium battery copper foils
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Douson Drilling and Production Equipment](https://endata.com/companies/69166.md)
- [Kota Technology](https://endata.com/companies/69167.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-douson-unveils-usd146-million-industrial-equipment-capacity-expansion-plan), 2023-03-17: "Douson Drilling and Production Equipment said the Chinese firm plans to invest CNY1 billion (USD146 million) raising its capacity to produce industrial equipment, including tool kits for making lithium battery copper foils."

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