# Jiangsu Krrass breaks ground on 1000-unit CNC machine tool plant in Nanjing

Jiangsu Krrass Machinery Co., Ltd. held a groundbreaking ceremony on 4 September 2024 for a new 1000-unit high-performance CNC machine tool intelligent manufacturing project in Honglan Industrial Park, Nanjing. The investment is approximately CNY 500 million, with expected annual output value of CNY 450 million.

- Type: New facility
- Announced: 2024-09-04
- Where: Honglan Industrial Park, Nanjing, Jiangsu, China
- Value: $70.0M (500.0M CNY)
- Status: under construction
- Capacity: 1000 units of CNC equipment per year
- Products: CNC bending machines, CNC shearing machines, laser cutting machines, flexible bending production lines, plasma flame cutting machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jiangsu Krrass Machinery](https://endata.com/companies/79630.md)

## Sources

- [krrass-china.com](https://www.krrass-china.com/krrass-cnc-machine-tool-intelligent-intelligent-manufacturing-project-groundbreaking-ceremony.html), 2024-09-05: "9 月 4 日上午南京市重大项目 ——江苏克劳斯机械有限公司—— 新建 1000 台套高性能数控机床智能智造项目奠基仪式在洪蓝工业园区举行"

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