BIZCHINA / Center
Hitachi to boost elevator production capacity in China
(Xinhua)
Updated: 2007-05-30 13:33
Hitachi is to build a new elevator factory in Shanghai with an annual
output capacity of 10,000 units, according to company sources.
Related readings:
Hitachi lifts output in China
Hitachi opens new centre in Shenzhen
Beijing's tallest skyscraper to introduce Schindler's fast-speed elevator
Hitachi, which already has elevator factories in Guangzhou and Tianjin,
expects the completion of the Shanghai facility in January. It involves a
registered capital of 40 million U.S. dollars and covers a
185,000-square-meter site.
Completion of the facility will boost Hitachi's annual elevator
production capacity in China to 35,000 units, the company said.
China's elevator market saw an annual growth rate of 25 percent since
2000. The country became the largest elevator market, buying more than
150,000 units in 2006, sources said.
The upcoming Beijing Olympic Games, Shanghai's World Expo and Guangzhou's
Asia Games were bound to expand the market, analysts said.
(For more biz stories, please visit Industry Updates)
Learn Chinese, Chinese School
No comments:
Post a Comment