# Demon Compressor breaks ground on 105 million yuan compressor plant in Pinghu, Zhejiang

Demon (Zhejiang) Gas Equipment Manufacturing held a groundbreaking ceremony on 20 May 2023 in Pinghu, Zhejiang, for a plant on over 20 mu of land. The 105 million yuan project will produce 5,000 intelligent industrial gas compressors a year.

- Type: New facility
- Announced: 2023-05-20
- Where: Pinghu, Zhejiang, China
- Value: $14.6M (105.0M CNY)
- Status: under construction
- Capacity: 5,000 sets of compressors per year
- Products: oil-injected screw compressors, dry oil-free screw compressors, water-lubricated oil-free screw compressors, oil-free scroll air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Demon Compressor](https://endata.com/companies/10592.md)

## Sources

- [jsdmcompressor.com](http://www.jsdmcompressor.com/news_50/770.html), 2023-05-22: "德蒙（浙江）气体装备制造有限公司开工奠基仪式在浙江省平湖市顺利举行。"

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