The groundbreaking ceremony for Phase II of the Neway Flow Control high-end industrial valve project was recently held in Suzhou High-Tech Zone, with representatives from local authorities and the company in attendance.
Building on the full-capacity operation of Phase I and market demand, Neway Flow Control has launched the construction of Phase II. Covering an area of 30,600 square meters, the project will introduce intelligent manufacturing systems and Internet of Things (IoT) technologies to build an efficient, flexible and transparent modern smart factory.
Once operational, the project is expected to achieve an annual output of over 56,000 units across high-end industrial valves, actuators, automation equipment and system integration, greatly strengthening Neway’s supply capacity and its leading position in the global mid-to-high-end valve market.
During the project construction, Neway has always adhered to the ESG (Environmental, Social and Governance) concept, and integrated sustainable development into all aspects of planning and operation. The new factory will focus on reducing energy consumption and carbon footprint while actively fulfilling corporate social responsibility and promoting industrial upgrading through green manufacturing practices.
Moving forward, Neway Flow Control will continue to uphold high construction and management standards, helping Neway Valve strive toward becoming a world-leading industrial valve manufacturer.
