Jiahe County and Dongguan Jugu Mold Parts Co., Ltd. successfully signed the Jiahe Xingda Technology Hardware Mold and Accessories Processing Project with a total investment of 260 million yuan on the afternoon of January 29.
Jiahe Xingda Technology Hardware Mold and Accessories Processing Project is one of the investment projects of Jiahe County to focus on building “China Precision Casting Town” and to expand and supplement the casting industry chain.
It is located in Jiahe Economic Development Zone, with 4,500 square meters of rented plant in Phase I, which will mainly build a hardware mold and accessories processing center, with an annual processing capacity of more than 2,000 tons of hardware mold and accessories and an annual output value of about 100 million yuan.
In Phase II, it is planned to purchase 25 mu (about 1.7 hectares) of land to build a standard factory building for producing mainly CNC machine tools, with an estimated annual output value of more than 300 million yuan.