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Nanjing Purong CNC Equipment Co., Ltd., a subsidiary of Nanjing Gongda CNC Technology, held a groundbreaking ceremony for a high-end industrial machine tool and smart manufacturing equipment R&D and production base in Pukou District, Nanjing. The project involves a total investment of 500 million yuan (approx. $69 million), covering 49.7 mu (3.3 hectares), with plans to produce large CNC gear grinding machines.
“该项目用地49.7亩,总投资5亿元,拟新建总建筑面积约38000平方米的研发制造基地。”zidonghua.com.cn
Summarized from public sources; check the original articles before acting on it.