Type of Project: Mechanical & Engineering Industry

Name of Project:

Project of Manufacturing Grinders

Project Content: The project of producing CBN grinder series products is formally approved by the State; the products are awarded "State-rank new products". It is planned to introduce some high-quality refined processing equipment, extending the production capacity of 50 crankshaft grinders per year.

Construction Condition: High-tech products of State-level, they enjoy the state preferential policies. The NC crankshaft grinders are widely used in automobile, domestic electric appliances and other fields. Wide potential market.

Investment & Composition: Total investment amounts to US$ 2.39 million. Plan to introduce US$ 2 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 13.54 million, profit of US$ 4.06 million, tax of US$ 1.35 million.

Project Status: The project has been approved and the preparation has been finished.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Xiaogan Machine Tool Plant with 20 years' experience of manufacturing machine tools has built a complete set of sales network, and enjoys good reputation.