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Hengyang Heli Co., Ltd. is expanding its southern manufacturing base in Hengyang, Hunan, with a total investment of 665 million yuan ($93 million). The project is expected to be completed and operational by June 2025, increasing annual capacity to 60,000 units.
Hengyang Heli, a subsidiary of Anhui Forklift Group, held a groundbreaking ceremony for a 369-mu expansion and smart manufacturing base in Hengyang, China. The project involves a total investment of 6.6 billion yuan (approx. $92 million) and is expected to begin production in early 2025, adding annual capacity of 46,500 forklifts.
| Site | Largest | Latest |
|---|---|---|
| Hengyang, China | $93.0M | 2024-12-19 |