# Meilun Elevator to build $70M elevator plant in Nanning, China

Zhejiang Meilun Elevator plans to invest 500 million yuan (approx. $70 million) to build a new production base in Nanning, Guangxi, with an annual capacity of 25,000 units of elevators, escalators and parts. The project will be built in two phases, with the first phase investing 300 million yuan.

- Type: New facility
- Announced: 2023-08-01
- Where: Nanning, Guangxi, China
- Value: $70.0M (500.0M CNY)
- Status: announced
- Capacity: 25,000 units per year
- Products: elevators, escalators, elevator parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zhejiang Meilun Elevator](https://endata.com/companies/71742.md)
- [Nanning Rail Transit Group](https://endata.com/companies/71743.md) (partner)

## Sources

- [news.futunn.com](https://news.futunn.com/en/post/30127198), 2023-08-01: "梅轮电梯拟与南宁轨道交通集团有限责任公司合作在南宁建设年产能25,000台（套）电梯、自动扶梯整机及零部件等相关产品的生产基地，项目计划总投资5亿元。"

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