After years of continuous efforts of all employees of Gwell and the trust of customers, Gwell has ushered in a major development. In order to expand production capacity and meet the growing orders, we have decided to build a branch factory in February 2021, which is located in Nantong City, Jiangsu Province. The total area is about 150,000 square meters, the construction area is about 100,000 square meters, and the investment is about 19 million US dollars. After more than a year of intense construction, it has been basically completed, and the official completion time is planned to be around June 2022. After the construction is completed, the total area of Gwell will reach about 300,000 square meters, and the total investment will reach 160 million US dollars. About 500 sets of various production equipment can be manufactured every year.
In order to provide a safer place for workers and more modern place for business negotiation, we are going to build one more new factory in Suzhou City as well. Once this Suzhou branch factory has been finished, it will replace the old GWELL Suzhou factory. The new factory will provide a safer working places for our employees and a more modern place for business negotiation.
After years of continuous efforts of all employees of Gwell and the trust of customers, Gwell has ushered in a major development. In order to expand production capacity and meet the growing orders, we have decided to build a branch factory in February 2021, which is located in Nantong City, Jiangsu Province. The total area is about 150,000 square meters, the construction area is about 100,000 square meters, and the investment is about 19 million US dollars. After more than a year of intense construction, it has been basically completed, and the official completion time is planned to be around June 2022. After the construction is completed, the total area of Gwell will reach about 300,000 square meters, and the total investment will reach 160 million US dollars. About 500 sets of various production equipment can be manufactured every year.
In order to provide a safer place for workers and more modern place for business negotiation, we are going to build one more new factory in Suzhou City as well. Once this Suzhou branch factory has been finished, it will replace the old GWELL Suzhou factory. The new factory will provide a safer working places for our employees and a more modern place for business negotiation.