# Xinrui Weikai starts construction of CNC insert industrial park in Zhuzhou

Zhuzhou Weikai Cutting Tools Co., Ltd., a subsidiary of Suzhou Xinrui Alloy Tools Co., Ltd., has started construction of a high-performance CNC insert industrial park in Zhuzhou, China. The project involves a total investment of CNY 500 million and will produce 50 million high-performance CNC inserts annually by 2028.

- Type: New facility
- Announced: 2025-05-13
- Where: Zhuzhou, Hunan, China, China
- Value: $70.0M (500.0M CNY)
- Starts operating: 2028
- Status: under construction
- Capacity: 50 million high-performance CNC inserts per year
- Products: high-performance CNC inserts, carbide and superhard material cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zhuzhou Weikai Cutting Tools Co., Ltd.](https://endata.com/companies/84730.md)
- [Suzhou Xinrui Alloy Tools Co., Ltd.](https://endata.com/companies/84731.md) (partner)

## Sources

- [gxt.hunan.gov.cn](http://gxt.hunan.gov.cn/xxgk_71033/gzdt/qyzx/202505/t20250513_33670369.html), 2025-05-13: "总投资5亿元，达产后年产高性能数控刀片5000万片……5月13日，新锐韦凯·高性能数控刀片产业园项目举行开工仪式。"

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