# Stankomashstroy to build CNC machine tool plant in Xianyang, China

Russian company Stankomashstroy will invest 50 million yuan (about 660 million rubles) to build a plant in Xianyang, China, producing five-axis CNC metalworking centers. About 70% of output will be exported.

- Type: New facility
- Announced: 2023-08-14
- Where: Xianyang, China, China
- Value: $6.90M (50.0M CNY)
- Status: announced
- Capacity: annual production value 60 million yuan
- Products: five-axis CNC metalworking centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [STANKOMASHSTROY](https://endata.com/companies/19253.md)

## Sources

- [mashnews.ru](https://mashnews.ru/stankomashstrojnachnyot-vyipuskat-v-kitae-novyie-stanki.-v-rossii-on-ix-ne-delaet.html), 2023-08-31: "Пензенский «Станкомашстрой» вложит 660 млн рублей в создание в Китае производства пятиосевых металлообрабатывающих центров."

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