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| Aluminum wheel hub factory basic construction project |
| 2008-08-26 |
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1. Content and scale of the project: After the project completes, it will have a yearly capacity of 5 million aluminum wheel hubs and 200,000 tons of aluminum foils.
2. Invest estimation of the project: Total investment 790 million US dollars. Completely bring in foreign capital.
3. Benefit analysis: The aluminum wheel hub mainly uses in the motorcycle, automobile and all kinds of trucks’ wheel manufacture. China automobile industry, especially the vehicle industry is now increasing dramatically which provides a broad market for the aluminum wheel hub production. When the project reaches the full capacity, the annual sales income will go up to 1.438 billion US dollars, profits and taxes 261 million US dollars. |
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| * industry |
| Mechanical & Engineering Industry |
| * investment area |
| Yuncheng city,Shanxi Province |
| * process of project |
| This project is accord with both national and provincial industrial policy. It has already got the initial approval from land planning, construction, and environmental protection authorities. |
| * organizer |
| Konggang new developed area |
| * organizer address |
| Konggang new district committee,Yuncheng city |
| * organizer contact person |
| Li Mingzao, Chen Jianrong |
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