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Hengyang Heli, a subsidiary of Anhui Forklift Group, held a groundbreaking ceremony for a 369-mu expansion and smart manufacturing base in Hengyang, China. The project involves a total investment of 6.6 billion yuan (approx. $92 million) and is expected to begin production in early 2025, adding annual capacity of 46,500 forklifts.
“项目总占地369亩,总投资6.6亿元,总建筑面积约15万㎡,将倾力打造以智能产品研发、智能制造为抓手的智能化工厂。”ccmalh.com
Summarized from public sources; check the original articles before acting on it.