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APALT signed an investment agreement with Shenyang Huishan ETDZ to build a northeast China headquarters production site for lightweight automotive aluminum semis in Shenbei New District. Total investment is 600 million yuan, with construction over 5 years and expected capacity of 50,000 mt of aluminum extrusions.
“The entire project construction cycle is 5 years, with the first 2 years for engineering construction and the subsequent 3 years for capacity ramp-up, expected to reach normal production operation in the 5th year.”news.metal.com
Summarized from public sources; check the original articles before acting on it.