# LEYO Technology to build CNC machine tool factory in Quannan County, Jiangxi

Dongguan Liyang Intelligent Technology Co., Ltd. (LEYO Technology) signed a cooperation plan to invest 500 million yuan (including 100 million yuan in fixed assets) in a CNC machine tool production project in Quannan County, Jiangxi Province. The factory will produce 3-5 axis CNC milling machines, machining centers, and gantry machining centers. Construction is expected to start in October 2024.

- Type: New facility
- Announced: 2024-02-20
- Where: Quannan County, Jiangxi Province, China
- Value: $69.5M (500.0M CNY)
- Status: announced
- Products: CNC milling machines, CNC machining centers, CNC lathes, 5-axis machining centers, gantry machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dongguan Liyang Intelligent Technology Co., Ltd.](https://endata.com/companies/75717.md)

## Sources

- [leyomachine.com](https://www.leyomachine.com/news/leyo-technology-s-new-factory-in-jiangxi-officially-starts-production-242694.html), 2024-02-20: "Dongguan Liyang Intelligent Technology Co., Ltd. signed a cooperation plan with the Investment Promotion Bureau of Quannan County, Jiangxi Province in February 2024 to invest 13366 square meters of self purchased land in the construction of Cnc Machine tool production projects."

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