Kennametal Begins PCP Equipment Upgrade Project
Kennametal (China) Co., Ltd. began equipment installation for its packaged cooling plant (PCP) upgrade project. With a planned investment of RMB 15 million, the project will install a PCP and auxiliary facilities. Once operational, the cooling efficiency of the new equipment will more than double compared to the previous system.
Kennametal (China) Co., Ltd. is a wholly-owned subsidiary of Kennametal Inc. in the United States, a global leader in metalworking tools. It was established in TEDA West in February 2005 with a registered capital of USD 40.96 million. Kennametal has continued to increase its investment in TEDA in recent years, advancing automation and smart technology upgrades to enhance product performance and reduce manufacturing costs.
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