# USEON breaks ground on new factory in Zhenjiang, China

USEON Technology Limited held a groundbreaking ceremony for a new factory in Jurong Economic Development Zone, Zhenjiang, Jiangsu Province. The facility, with a total investment of about 200 million yuan and covering over 46,000 square meters, is planned to start operations next year.

- Type: New facility
- Announced: 2023-08-06
- Where: Jurong Economic Development Zone, Zhenjiang, Jiangsu Province, China
- Value: $28.0M (200.0M CNY)
- Starts operating: 2024
- Status: under construction
- Products: heavy equipment, large-scale production lines, jumbo extruder projects, compounding, foam extrusion, polymer recycling, direct extrusion technology
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [USEON Technology Limited](https://endata.com/companies/71858.md)

## Sources

- [useon.com](https://www.useon.com/news/new-factory-groundbreaking/), 2023-08-06: "The new factory is located in Jurong Economic Development Zone, Zhenjiang, Jiangsu Province, with a total investment of about 200 million yuan covering an area of more than 46,000 square meters and is planned to be put into operation next year."

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