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During the groundbreaking ceremony, Xinrui Weikai signed a strategic agreement with Oerlikon Balzers for cooperation in PVD coating furnaces.
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.
| Site | Largest | Latest |
|---|---|---|
| Zhuzhou, China | $70.0M | 2025-05-13 |