Fanuc Upgrading Its Factories and Fighting Macro Headwinds; FVE Reduced to JPY 22,000
Wide-moat Fanuc announced over the past three months, that it will build two new factories. It will replace its two existing Robonano factories with a larger and more advanced one, which will introduce the turning functionality into the current Robonano for machining. The company will invest JPY 3.5 billion in the new factory and should be ready to start production in October 2019. A similar project will be undertaken combining the two existing Servo motor parts machining factories into one new ...
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