Xiamen Baofeng announces expansion
Image: Xiamen Baofeng
Xiamen Baofeng Industry Co, located in in Xiamen, a coastal city in southeastern China, has announced the construction of a new plant in HuBei province in central China.
The company has passed its first decade of aluminium easy-open-end manufacturing business operations, following a sales achievement with a volume of 34.5 billion ends in year 2021, Baofeng quickly jumped into the second ten-year development plan in 2022, and kicked off the construction of its second large-scale easy-open-end production plant in early June.
This new plant is located in Hanchuan City, Hubei Province, an essential economically developed area in central China. An investment of more than RMB1.2 billion (approximately USD $180 million) is injected on this new plant, its design and arrangement is mostly following the Xiamen plant as model. The new plant covers an area of 265 acres, and the annual production capacity reaches 25 billion ends. By then Baofeng is expecting its total annual production capacity to exceed 60 billion pieces of ends.
Given the advantages of its location, the Hubei plant will be able to provide more efficient supply and services to customers in central, southwest and northwest China, as well as other regions, as a result of better transportation and supply chain support. At the same time, it also meets the increasing demand of ends from the expanding can makers in these regions.
The Xiamen plant will take this opportunity to adjust and optimise the product structure, following market demand, and increase capacity of 200CDL and 202CDL in production lines. It will continue to utilise the advantage of its superior proximity to the seaport to expand its supply to overseas markets, the company states.