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Guangzhou KDT Machinery Co., Ltd. (KDT) successfully bid for a 190-mu (12.7-hectare) plot in Shunde, Foshan, for its first-phase project with a total investment of CNY 2 billion. The project will build a smart furniture equipment production and sales headquarters, producing five-axis machining centers and automated flexible wood door and window production lines.
Guangzhou KDT Machinery Co. will buy 75 percent of Masterwood S.p.A., an Italian CNC woodworking machinery company, for EUR16 million (USD20 million) through its Hong Kong unit.
| Site | Largest | Latest |
|---|---|---|
| Shunde, China | $310.0M | 2021-06-23 |