Machinery Sandvik Builds Manufacturing Facility in Changzhou National High-Tech Zone
Sandvik Group, a global high-tech engineering group based in Sweden, with businesses encompassing mining and rock excavation, metal cutting and material technology, is investing USD15 million to build a new manufacturing facility in Menghe Town, Changzhou National Hi-Tech District. The group's annual sales amounted to approximately 100 billion Swedish kronor.
Due to the strict specifications stipulated for the manufacturing processes, Sandvik required a floor with a load capacity of 30 t and a 6,000 m2 testing area outside the plant when selecting the location. To meet this requirement, the Commerce Bureau of Changzhou National High-Tech Zone spent nearly a year looking for a suitable location and finally found the ideal location in Menghe Town. The new factory is expected to be ready for trial production in May and reach its designed capacity in the second half of the year.
Relying on Changzhou's strong support capabilities for the machinery industry, Changzhou National High-Tech District has attracted many known and lesser known market leaders from Northern Europe, including Epiroc, Husqvarna, Habia Cable, Disa and Dinex, each of whom have made investments here. Nordic companies have initiated a clustering effect in the district. In addition, several foreign engineering machinery giants, as among them, Terex from the United States, Bomag from Germany, Haulotte from France, Komatsu from Japan and Hyundai from South Korea, have set up operations in the district, forming a complete engineering machinery industry chain.