Wuxi Baotong Technology, a China-based supplier of industrial bulk cargo conveying equipment and systems, has announced plans to invest $88.5m (634.03m yuan) to build a digitised conveyor belt plant in Thailand. The new unit will make and sell high-performance conveyor belts and provide related services.
Wuxi Baotong Technology is based in Wuxi, a city in southern Jiangsu. It has two business segments: mobile online games and the manufacture, distribution and service of conveyor belts. The company was founded in 2000.