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Baboosi Intelligent Technology (Jiangsu) Co., Ltd. started construction of a high-end CNC machine tool R&D and manufacturing project in Dongbeitang, Xishan District, Wuxi, China. The total investment is CNY 1.2 billion (approx. USD 165 million), with Phase I costing CNY 750 million on 76 mu of land. The project will produce 2,000 sets of high-end CNC machining centers annually when fully operational.
| Site | Largest | Latest |
|---|---|---|
| Dongbeitang, China | $165.0M | 2025-02-18 |