# CATO New Energy Vehicle Integrated Body Intelligent Machine Tool Project signed and started in Changzhou

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.

- Type: New facility
- Announced: 2023-06-16
- Where: Jintan, Changzhou, Jiangsu, China, China
- Value: $420.0M (3.00B CNY)
- Status: under construction
- Products: high-end five-axis CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Dongguan CATO Machinery Industry Co., Ltd.](https://endata.com/companies/70897.md)

## Sources

- [en.catocnc.com](https://en.catocnc.com/news/21.html), 2023-06-19: "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."

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