Core Viewpoint - The German Niko Group is investing an additional $30 million in the Changzhou Xitaihu Technology Industrial Park to establish a high-end cable equipment production base, marking its third investment in the area [1] Group 1: Company Investment - Niko Group is a globally recognized manufacturer of cable and wire equipment, leading in the fields of wire drawing and bundling [1] - The company initially invested in Changzhou in 2011, establishing Niko Machinery Manufacturing (Changzhou) Co., Ltd., which serves as its only production and service base in China [1] - The recent investment will expand the company's production capacity by adding 30 acres of land and introducing new production lines and equipment [1] Group 2: Regional Development - The investment by Niko Group reflects the growing trend of attracting high-quality foreign investment in Changzhou Xitaihu, which has become a "strong magnetic field" for foreign enterprises [1] - In recent years, 197 foreign trade enterprises have been introduced to the region, including leading companies such as Riedel, Avery Dennison, and Soprema, contributing significantly to regional development [1]
尼霍夫再加码3000万美元
Xin Hua Ri Bao·2025-10-20 21:56