Baboosi breaks ground on $165M CNC machine tool plant in Wuxi, China

Baboosi Intelligent Technology (Jiangsu) Co., Ltd. started construction of a high-end CNC machine tool R&D and manufacturing project in Dongbeitang, Xishan District, Wuxi, China. The total investment is CNY 1.2 billion (approx. USD 165 million), with Phase I costing CNY 750 million on 76 mu of land. The project will produce 2,000 sets of high-end CNC machining centers annually when fully operational.

“项目的建设不仅将大幅提升我们的生产能力，还将进一步推动我们在高端五轴联动数控机床领域的技术突破。”wuxi.gov.cn

• 1 source
• wuxi.gov.cn东北塘：12亿元高端数控装备项目开工Feb 19, 2025

Summarized from public sources; check the original articles before acting on it.