# Zhongli Electric Forklift builds $161M plant in Laohekou, China

Zhongli Electric Forklift (Laohekou) Production Base, invested by Zhejiang Zhongli Machinery Co., Ltd., is located in Laohekou High-tech Industrial Park. Phase I started in February 2022 and was completed in February 2023. Phase II started in July 2024, adding casting, machining, painting and remanufacturing projects. Total investment is 1.17 billion yuan.

- Type: New facility
- Announced: 2025-04-09
- Where: Laohekou, Hubei, China
- Value: $161.0M (1.17B CNY)
- Starts operating: 19 Feb 2023
- Status: completed
- Products: electric forklifts, castings, machined parts, refurbished forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Zhejiang Zhongli Machinery Co., Ltd.](https://endata.com/companies/50736.md)

## Sources

- [zsj.xiangyang.gov.cn](http://zsj.xiangyang.gov.cn/ztzl/tsyw/tzzn/202504/t20250409_3791386.shtml), 2025-04-09: "该项目于2022年2月19日开工，2023年2月19日一期竣工投产。"

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