WUHU, Anhui – Zhonghui Rubber Technology signed a contract March 17 to build a $76 million agricultural machinery belt plant in Wuhu, Anhui province.
Located in the city's Sanshan Economic Zone, the project will have an annual capacity of 80 million meters of high performance conveyor belts for agricultural machinery and 30,000 metric tons of rubber track, the Wuhu government said.
Smart manufacturing technology will be used in the project, which will create 400 jobs when in full operation, and generate $91 million in annual sales, the government said.
Zhonghui is headquartered in Wuxi, Jiangsu province and also makes rubber belts for engineering machinery and the auto sector. Its products are marketed under the brand name Zhongliang and are exported to Europe, the U.S. and Southeast Asia.
The company posted annual sales of $46 million last year, and supplies international agricultural machinery brands such as Kubota and Zoomlion as well as other local Chinese manufacturers.
