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., 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.
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.
