The second plant of Wuzhan Abrasives (Suzhou) Co., Ltd. laid a foundation for a total investment of 117 million yuan.
China Abrasives Network was informed that on May 28th, the groundbreaking ceremony for the second plant project of Wu Abrasives (Suzhou) Co., Ltd. was held.
According to reports, the second plant project of Wu Abrasives (Suzhou) Co., Ltd. is located at No. 688, Taishan Road, Suzhou High-tech Zone. It plans to build three workshops with a total investment of 117 million yuan. The first building covers an area of ​​4293 square meters and is mainly used for the production of large-scale heavy-duty grinding wheels. It will be imported into the main equipments such as mixers, molding machines, electric ovens, hardening furnaces, finishing, etc. The second building covers an area of ​​2,400 square meters. The third building covers an area of ​​2,340 square meters. The plant will be completed in December this year and will be mass-produced in July 2020, when the capacity will be doubled.
It is understood that Wuzhan Abrasives (Suzhou) Co., Ltd. settled in Suzhou High-tech Zone in 2011 and officially put into production in 2013. It is mainly engaged in the production and sales of grinding and grinding wheels. The company produces heavy-duty grinding wheels in China. The share is over 30%, of which the stainless steel industry has a market share of 70%.
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