The construction of Huber & Ranner's Asia-Pacific headquarters project has recently commenced in Taicang, Suzhou, East China's Jiangsu province. 

The groundbreaking ceremony for Huber & Ranner's Asia-Pacific headquarters takes place in Taicang on Aug 15. [Photo/WeChat account: tcfbgw]

With a planned investment of 500 million yuan ($70.25 million), the project is focused on producing high-end customized air handling units. It is expected to achieve an annual output value of over 1 billion yuan when operating at total capacity.

Wang Xiangyuan, Party secretary of Taicang, underscored the city's dedication to providing a first-class business environment. He pledged full support from the local government for Huber & Ranner's growth and emphasized the city's commitment to creating a convenient environment for international friends in Taicang.

Dietmar Huber, chief executive officer of Huber & Ranner, described the investment in Taicang as the company's wisest decision. He highlighted the company's products and technologies for reducing carbon emissions and improving air quality, which aligned with China's "dual carbon" strategy ― peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060. 

Huber & Ranner is a German company specializing in manufacturing and developing air treatment equipment. Established in 2016, Huber & Ranner Environment Equipment Taicang is a Sino-German joint venture serving as the Asia-Pacific headquarters for Huber & Ranner. In 2019, it was designated as a national high-tech enterprise.