# Ahno and Sandvik open cutting tool factory in Zhuzhou, China

Ahno and Sandvik have opened a new cutting tools factory in Zhuzhou, China, costing around 500 million yuan ($69 million). The facility is expected to create 400 jobs and achieve an annual output value of over 1 billion yuan.

- Type: New facility
- Announced: 2024-12-04
- Where: Zhuzhou, China
- Value: $69.0M
- Jobs: 400
- Starts operating: 4 Dec 2024
- Status: completed
- Capacity: annual output value of over 1 billion yuan
- Products: cutting tools, carbide inserts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ahno Precision Cutting Tool Technology](https://endata.com/companies/81541.md)
- [Sandvik](https://endata.com/companies/6190.md) (partner)

## Sources

- [metal-powder.tech](https://www.metal-powder.tech/ahno-and-sandvik-open-new-cutting-tool-factory-in-zhuzhou/), 2024-12-04: "Ahno and Sandvik celebrated the opening of the new cutting tools factory in Zhuzhou"

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