# hGears to open new miniGears Suzhou plant in China with over EUR 3 million investment

hGears signed a lease for a new 17,000 sqm miniGears Suzhou plant at 9 Yangpu Road in Suzhou, China, to support e-mobility growth. The site's inauguration is planned for October 2017 and hGears plans investments of more than EUR 3 million.

- Type: New facility
- Announced: 2017-03-09
- Where: Suzhou, China
- Value: $3.30M (3.00M EUR)
- Status: announced
- Products: high-precision gears, e-mobility components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [hGears](https://endata.com/companies/1373.md)
- [miniGears Suzhou](https://endata.com/companies/1374.md)
- [SIP Jinsheng Packaging](https://endata.com/companies/1375.md) (partner)

## Sources

- [hgears.com](https://hgears.com/new-plant-for-minigears-suzhou/), 2017-05-02: "For the new site, whose inauguration will be held in October of this year, the hGears planned investments in excess of 3 million €."

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