Schneider Electric Xiamen Industrial Park starts construction

Schneider Electric's Xiamen Torch Electric Industrial Park (Phase I) started construction in Xiamen, China. The park, with a total investment of about 1.2 billion yuan ($169 million), will become Schneider Electric's largest manufacturing facility for medium voltage equipment worldwide. It is expected to be completed in 2025.

“The park would become a major R&D center, manufacturing center and supply hub for the company to serve the global medium voltage market.”english.news.cn

• 2 sources
• english.news.cnSchneider Electric's key production base starts construction in China -XinhuaApr 26, 2024
• elemro.comChina Schneider Electric Invests in Building the World’s Largest Medium Voltage Production Base manufacturers and suppliers | Elemro15559552020May 2, 2024

Summarized from public sources; check the original articles before acting on it.