VITALI-INTL invests 110 million RMB to build a new factory in China. This new factory, located in Haining High-tech Zone in Zhejiang Province, occupies 23,540 sqm. This new construction facilitates VITALI-INTL’s production expansion plan, with targeted annual sales reaching 150 million RMB when the new factory is in use.
VITALI-INTL is specialized in manufacturing chain blocks, lever hoists, G80 & G100 load chains and other lifting equipment. The company has advanced production techniques, years of OEM experience and large model varieties, their products are distributed to more than 70 countries and areas in the world.
The annual production of chain blocks and lever hoists are expected to reached 350,000 units when the new factory operates. The production of G80 & G100 load chains will exceed 2,000 tonnes.
There are 5 companies in addition to VITALI-INTL to build their new factories in this phase in Haining High-tech Zone. The companies in total invest more than 700 million RMB, with total area exceeds 133,000 sqm. The expected total annual production for these companies is 1,200 million.
YAO Min-Zhong, Vice Mayor of Haining Government and XU Jin-Fu, Secretary of the Party Committee from Haining High-tech Zone attend the ground-breaking ceremony. Meanwhile, representitives from Haining Development and Reform Bureau, Haining Economy & Information Technology Bureau, Bureau of Land Resources and Housing Management of Haining, Bureau of Housing and Urban-Rural Development of Haining and delegates from the companies also participate in the ground-breaking ceremony.
This article is published on LRW Magazine vol20, 2015.
