# Dream Compressor breaks ground on 105M yuan air compressor plant in Pinghu

Dream (Zhejiang) Air Equipment Manufacturing broke ground on a 35,000 square meter plant in Pinghu City, Zhejiang, China, with 105 million yuan of investment to produce 5,000 intelligent industrial air compressors annually.

- Type: New facility
- Announced: 2023-05-29
- Where: Pinghu, Zhejiang, China
- Value: $14.8M (105.0M CNY)
- Status: under construction
- Capacity: 5000 sets of intelligent industrial air compressors per year
- Products: screw air compressors, oil-free scroll air compressors, process air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dream Compressor](https://endata.com/companies/10613.md)

## Sources

- [dreamcompressor.com](https://www.dreamcompressor.com/todays-groundbreaking-for-a-new-project-with-an-investment-of-105-million-yuan-in-dream-compressor/), 2023-05-29: "The project plans to invest 105 million yuan for factory construction, research and development investment, and equipment investment"

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