# TopNC to build $41M CNC machine tool plant in Jiaxing, China

Shanghai TopNC Technology Co., Ltd. held a groundbreaking ceremony for its new factory in Jiaxing's Nanhu Science and Technology Industrial Park. The first phase covers 35 mu (approx. 2.33 hectares) with a planned investment of 300 million yuan, building 35,800 square meters of facilities to produce 1,000 high-end turning-milling composite machining centers and 2,000 precision spindle units annually.

- Type: New facility
- Announced: 2023-08-03
- Where: Jiaxing, Zhejiang Province, China
- Value: $41.0M (300.0M CNY)
- Status: under construction
- Capacity: 1,000 turning-milling composite machining centers and 2,000 precision spindle units per year
- Products: high-end turning-milling composite machining centers, precision spindle units
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shanghai TopNC Technology](https://endata.com/companies/71810.md)

## Sources

- [topnc.com.cn](https://www.topnc.com.cn/news2/tpsk.shtml), 2023-08-03: "新工厂构筑发展新蓝图 拓璞数控嘉兴工厂项目位于南湖区科技产业园，一期占地面积35亩，计划投资3.0 亿元，拟新建整机装配车间、精密零部件加工及组装车间、立体仓库、研发办公大楼等建筑物，总面积达 35,800 平方米。"

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