Chalco Toyo puts phase one permanent magnet motor production line into commercial production
2020-09-14 11:48:19 [Print]
On 10 September, Chalco Toyo Permanent Magnet Motor Co
With a total investment of RMB150 million (USD21.96 million), the phase one 200,000kW permanent magnet motor production line can record an annual sales revenue of RMB156 million (USD22 . 84 million) and a total profit tax of RMB21 . 6 million (USD3 . 16 million) after reaching designed production capacity.
. , Ltd . , co-established by Chalco under Chinalco, Toyo Electric Mfg . Co . , Ltd . and Beijing Lingyang Technology and Trade Co . , Ltd . , held the production commencement ceremony in Changshu, Jiangsu, marking the commercial production of its phase one 200,000kW permanent magnet motor production line. With a total investment of RMB150 million (USD21.96 million), the phase one 200,000kW permanent magnet motor production line can record an annual sales revenue of RMB156 million (USD22 . 84 million) and a total profit tax of RMB21 . 6 million (USD3 . 16 million) after reaching designed production capacity.