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CATO Machinery Industry Co., Ltd. has signed and started construction of a new facility in Jintan, Changzhou, China, for developing and manufacturing high-end five-axis CNC machine tools for new energy vehicles. The total investment is 3 billion yuan, with a first phase on 123 mu of land.
“The total investment of the project is 3 billion yuan, with a total land area of 260 mu, including 123 mu of land in the first phase, a total construction area of 65000 square meters and a capacity area of 164000 square meters.”en.catocnc.com
Summarized from public sources; check the original articles before acting on it.