# HZQT Heavy Industry to build 800M yuan wind turbine spindle base

HZQT Heavy Industry Technology Corporation announced it will invest 800 million yuan to build a new production base for large-scale energy equipment components, including a 100MN hydraulic forging press, with an annual output of 2,000 pieces.

- Type: New facility
- Announced: 2024-01-15
- Where: China
- Value: $112.0M (800.0M CNY)
- Status: announced
- Capacity: 2,000 pieces per year
- Products: wind turbine spindles, large forgings
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [HZQT Heavy Industry Technology Corporation](https://endata.com/companies/74995.md)

## Sources

- [haythink.com](https://www.haythink.com/chinese-large-size-forging-manufacturer-builds-a-new-wind-turbine-spindle-production-base-hayt03hzqt/), 2024-01-15: "The company will invest 800 million yuan to build a new production base."

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