# Danfoss starts construction of second Haiyan campus in Zhejiang, China

Danfoss signed an agreement with the Haiyan county government in Zhejiang to begin building its second campus there. The local government funds the facility, which Danfoss leases and equips itself.

- Type: New facility
- Announced: 2023-05-08
- Where: Haiyan, Zhejiang, China
- Value: $108.8M (100.0M EUR)
- Status: under construction
- Products: variable frequency drives, heat exchangers, hydrostatic equipment, oil-free compressors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md)
- [Haiyan county government](https://endata.com/companies/10557.md) (partner)

## Sources

- [danfoss.com](https://www.danfoss.com/zh-cn/about-danfoss/news/cf/haiyan-phase-ii/), 2023-05-08: "丹佛斯海盐第二园区将由当地政府出资建设，丹佛斯以租赁方式承租，并自行投资配备设备；同时政府为丹佛斯提供相应支持。"
- [chinadaily.com.cn](https://www.chinadaily.com.cn/a/202305/17/WS64641409a310b6054fad3548.html), 2023-05-17: "With a total investment of 100 million euros ($108.8 million), the Nordborg, Denmark-headquartered group's new Nanjing factory will manufacture IGBT (insulated-gate bipolar transistor power) modules, which are power semiconductor die products."

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