# HSG Laser opens $68.3M manufacturing facility in Jinan, China

HSG Laser opened a new manufacturing facility in Jinan, China, with an investment of USD 68.3 million. The facility is part of the company's global production network and aims to support its goal of surpassing 10,000 units in annual global production capacity.

- Type: New facility
- Announced: 2024-12-26
- Where: Jinan, China, China
- Value: $68.3M
- Starts operating: 26 Dec 2024
- Status: completed
- Products: laser cutting equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [HSG Laser](https://endata.com/companies/82022.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hsg-laser-opens-new-manufacturing-facility-in-jinan-china-and-unveils-120kw-laser-cutter-302339081.html), 2024-12-26: "HSG Laser, a global leader in metal shaping equipment and solutions, proudly announces the grand opening of its newest manufacturing facility in Jinan, China—a key milestone in its global manufacturing and supply strategy."

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