On October 14, 2020, construction officially began on the "20,000 air-bearing blower main units per year" project, funded and built by Weifang FuYuan Turbocharger Co., Ltd. The project has a planned investment of RMB 96 million and includes more than 9,400 m² of new factory buildings. More than 60 new machines are to be purchased, including turn-mill centers, five-axis machining centers, CNC vertical lathes and CNC vertical machining centers. On completion, the project will provide capacity for 20,000 air-bearing blower main units a year and add RMB 900 million in sales revenue and RMB 260 million in profit and tax.
Weifang FuYuan Turbocharger Co., Ltd. began developing air-bearing blowers in 2015 and brought its first air-bearing blower to market in 2017. The blowers are now widely used in wastewater treatment, cement, paper, food, pharmaceuticals and other fields. They are quiet, maintenance-free, efficient and energy-saving, and deliver oil-free air, using more than 30% less electricity than conventional Roots blowers. They have been popular with customers since their launch.
The start of construction of the "20,000 air-bearing blower main units per year" project is an important decision taken by Weifang FuYuan Turbocharger Co., Ltd. in response to market and customer demand, and marks a major step up in FuYuan's air-bearing blower market and production capacity.
