At the end of January, our Chinese subsidiary, schwartz HTS, celebrated the groundbreaking ceremony for the construction of the new plant at the Sunshine West Road in Kunshan Zhangpu Town, PR China.
Many local representatives attended this ceremonial milestone of the new important project. The new production facility of schwartz HTS is expected to start operation in September 2023. It will take less than a year from the selection of the site to the signing of the contract and the completion of the building and commissioning.