# New JCM Group breaks ground on energy equipment base in Shijiazhuang

New JCM Group held a groundbreaking ceremony for its energy equipment manufacturing base in Shijiazhuang's Luancheng district. The base covers 338 mu (22.5 hectares) with total investment over 1.1 billion yuan, will employ over 1,000 people, and is expected to begin initial production by December 2023.

- Type: New facility
- Announced: 2024-02-29
- Where: Shijiazhuang, Luancheng district, Hebei, China
- Value: $153.0M (1.10B CNY)
- Jobs: 1,000
- Starts operating: Dec 2023
- Status: under construction
- Products: centrifugal compressors, industrial drive steam turbines, complete sets of equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [New JCM Group](https://endata.com/companies/75933.md)

## Sources

- [newjcmgroup.com](https://www.newjcmgroup.com/news/595.html), 2024-02-29: "新锦动力集团能源装备制造基地项目将于今年十月份开始动工，项目前期将重点投入建设压缩机汽轮机一百兆瓦全性能试验台，预计2023年十二月份能源装备制造基地将初步投产使用。"

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