Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, November 26 2020 - 21:36
AsiaNet
BOMAG's New Plant Starts Business in the Changzhou Hi-Tech Zone
CHANGZHOU, China, Nov. 26, 2020 /PRNewswire-AsiaNet/ --

On 22 November, the opening ceremony of the BOMAG production site was held in 
the Changzhou Hi-Tech Zone.

BOMAG is the global leading producer of compactors and manufacturing machines 
for the compaction of soil, asphalt and refuse landfills, et cetera.

Bomag (Changzhou) Construction Machinery Co., Ltd. has invested a total of 70 
million dollars with a registered capital of 30 million dollars. The company 
aims to become FAYA Group's modern plant. The facility covers an area of almost 
30,000 square meters, including spaces for factory, offices, sales and service 
functions. An additional 19 lines for the production of various rollers, 
pavers, planers, et cetera are planned, with an annual output of 15,000 sets of 
various equipment and an estimated annual value of 1.5 billion yuan. The 
company has also established the APAC Engineering R&D Center and the BOMAG 
China Customer Training Center. The FAYA Group also intends to relocate its 
BOMAG China sales headquarters to the Changzhou Hi-Tech Zone.

Hang Yong, Vice Mayor of Changzhou City, delivered a speech at the opening 
ceremony. He said that BOMAG is not only a global leading manufacturer of 
compaction and road equipment, but also sets a benchmark for digital and lean 
production more generally. With BOMAG stationed in the Changzhou Hi-Tech Zone, 
it will surely drive the innovative development of the Changzhou construction 
machinery industry, bringing vigor and growth to the industry of intelligent 
equipment manufacturing. Changzhou municipal government bodies at all levels 
will better serve the enterprises as always, and hope to cooperate with FAYA 
Group and BOMAG in a long-term, stable and mutually beneficial manner focused 
on continuous development, so as to jointly push the development of Changzhou's 
intelligent equipment manufacturing industry to a new height.

The Changzhou High-Tech Zone continues to optimize the business environment and 
effectively strengthen enterprise services, receiving actual foreign capital of 
762 million dollars this year. A number of major projects have been established 
in the fields of intelligent manufacturing, new materials, medical devices, the 
next-generation of information technology, et cetera.

source: Changzhou National Hi-Tech District 

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