Morn Laser, as one of the leading industrial laser equipment manufacturers, invests 250 million yuan to build the largest private-owned laser equipment production base in North China-Xintai Laser Industrial Park. Shortlisted as one of the Major Projects of High-end Equipment by the Shandong Government, the project will empower Morn Laser to become a powerful driver for the transformation and upgrading of local industrial manufacturing, and anticipate a 650% productivity increase in 2022.
The newly built production base sits in Tai’an City and covers an area of 33,000m2 with 23,000m2 planned standardized modern workshops and 5 sets of new machining centers. It will mainly serve for the production of ultra-sized and special laser equipment.
Currently Phase I is about to complete with a 13,000m2 world’s top machining center, including two 16-meter processing centers which will be officially launched by the end of June 2021. Upon establishment, it will facilitate our company to cater to the demand of laser equipment in the market with a larger format, larger processing range, higher automation, and finer processing, and sharpen our customers from a wider range of sectors including steel markets, heavy machinery, ship construction, and many others.
Once in full operation, the major project anticipates an annual output of 15,000 units of fiber laser cutting machines, and an increased revenue value of more than 1 billion yuan in three years, market share rising to the top three in the laser industry domestically.
After over 13 years’ digging in the laser field, and boasting a 20% annual sales revenue increase rate, Morn Laser definitely advances at its fastest pace into a higher development track. The founding of Xintai Laser Industrial Park further indicates the company’s strategic development shift, from precision manufacturing to intelligent manufacturing, from standard products to custom high-end solutions, all are proofs of Morn Laser’s innovation and research strengths.
Local Industry Drive
As a result of the public-private joint effort, the settlement of Xintai Laser Industrial Park will also accelerate the upgrading of the local manufacturing industry. Staying in the mid-upstream of the laser industry chain and standing out as a leader among Xintai industrial parks, Morn Laser will lure at least 10 upstream supporting industries to enter Xintai, such as Wuhan Raycus Laser, American GW Laser, Shanghai Empower Laser Head, and related electrical device supporting suppliers, foundry and enterprises.
Morn Laser new industrial park, is also expected to create tax revenues of more than 50 million for local government, and to spur local job creation of over 400.
Morn Laser focuses on delivering value to its customers through our latest laser technology, fine and powerful manufacturing capacity that maximize metal processing efficiency.
“Laser+intelligent manufacturing” is the fundamental way to promote the transformation and upgrading of the manufacturing industry. Our development goal is to become a leading equipment manufacturer worldwide within 3-5 years.
Live by promise, and win by quality. We will continue to strive to build value with our customers.
Morn Laser, make superior laser products, let global manufacturers benefit!