# TCP Group starts construction of Red Bull Guangxi production base in Nanning

TCP Group held the opening ceremony for its new Red Bull Guangxi production base in Nanning, China. The project involves a total investment of about 1.3 billion yuan and covers 90,000 m² with four high-speed fully automatic production lines.

- Type: New facility
- Announced: 2023-07-12
- Where: Nanning, Guangxi-ASEAN Economic and Technological Development Zone, China
- Value: $180.0M (1.30B CNY)
- Status: under construction
- Products: energy drinks
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [TCP Group](https://endata.com/companies/9992.md)

## Sources

- [tcp.com](https://www.tcp.com/en/updates/tcp-updates/tcp-updates/149/opening-ceremony-of-tcp-group-red-bull-guangxi-production-base-was-held-tcp-group-remains-to-increase-its-investment-in-china), 2023-07-12: "The start of construction work of the TCP Group Red Bull Guangxi Production Base in Guangxi-ASEAN Economic and Technological Development Zone marks the further deployment of TCP Group's investment in China."

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