# Kingmore Storage Equipment expands racking factory in Huai'an, China

Jiangsu Kingmore Storage Equipment Manufacturing Co., Ltd. is expanding its racking production facility in Huai'an, Jiangsu, China. The project involves an investment of 30 million yuan, adding 20,000 square meters and 30,000 tons of annual capacity.

- Type: Expansion
- Announced: 2023-06-06
- Where: Huai'an, Jiangsu, China
- Value: $4.20M (30.0M CNY)
- Status: under construction
- Capacity: 30,000 tons per year
- Products: racking
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Jiangsu Kingmore Storage Equipment Manufacturing](https://endata.com/companies/70697.md)

## Sources

- [kingmoreracking.com](https://www.kingmoreracking.com/news/big-event-our-factory-expansion-under-progre-68255049.html), 2023-06-06: "Our company have decided to carry out an expansion project to meet the increasing demand for racking production capacity this year."

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