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12-02-2008

Haitian International: Production on 17 Soccer Fields

The Chinese injection molding machine manufacturer Haitian is continuing to expand and is currently investing the equivalent of EUR 50 million (RMB 450 million) in developing its production sites in Ningbo. After ten months’ construction work, a 125,000 square meter hall for machine production was officially opened on October 8 on the industrial site of Haitian International Holding Ltd. All the installations, production and assembly facilities, offices and R&D areas should be completed by early 2009. Here, on an area equivalent to around 17 soccer fields, Haitian will employ over 500 people in the development, production and assembly of various “Haitian” brand machine designs. The capacity expansion provided by the new production site is estimated at 10 to 20%, depending on production planning, and is oriented to model-based demand.

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