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Technology

Fanuc plans biggest investment in China to expand robot plant

Japanese manufacturer will enlarge Shanghai site fivefold to capture robust demand

Fanuc's Shanghai site will more than quintuple in size as the company bolsters capacity. (Rendering courtesy of Fanuc)

TOKYO -- Japanese industrial robot maker Fanuc will make its largest investment in China to date, pouring 26 billion yen ($240 million) into fortifying its Shanghai plant.

The outlay will be made through a joint venture operated with local player Shanghai Electric Group. The Shanghai site will expand fivefold from its existing land space to 340,000 sq. meters, and the new facilities are planned to go online in 2023.

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