Taixing Urban Industrial Park, located in Taixing, East China's Jiangsu province, has been ramping up project construction, with the goal of breaking ground on 18 projects worth over 100 million yuan ($13.86 million) each this year.
Resident manufacturer Jiangsu Gule Intelligent Equipment Technology has been engaged in its 150-million-yuan industrial automatic control system and complete equipment production project this year.
The project will be able to produce 200 sets of flip type internal mixers, 150 sets of open rubber mixing machines, 25 sets of new falling type internal mixers, and 20 sets of single screw rubber filters annually.
Construction on the carbon block flexible intelligent processing production line project operated by Jiangsu Chenguang CNC Machine Tool is also accelerating.
The project started construction in April 2024 and is expected to be completed in June this year, said Zhou Lihua, deputy general manager of the company.
The project is expected to achieve an annual output of 200 sets of intelligent processing production machine tools, generating total sales of 250 million yuan.
Taixing Urban Industrial Park has been making every effort to provide services such as employment, electricity, and gas for enterprises this year.