# Seco Tools, Aobang Forging and Shenyang Machine Tool to form smart manufacturing company

Seco Tools (Shanghai), Shaanxi Aobang Forging and Shenyang Machine Tool signed a strategic cooperation framework agreement to jointly establish a smart manufacturing company. The project involves a total investment of 250 million yuan, with 139 i5 smart machine tools, and Seco Tools will provide processing solutions.

- Type: Partnership
- Announced: 2017-06-28
- Where: China
- Value: $36.8M (250.0M CNY)
- Status: announced
- Products: smart manufacturing solutions, i5 smart machine tools, automotive parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md) (partner)
- [Seco Tools](https://endata.com/companies/17312.md) (partner)
- [Shaanxi Aobang Forging](https://endata.com/companies/17313.md) (partner)

## Sources

- [skjcsc.com](http://www.skjcsc.com/daoju/21879.html), 2017-06-28: "三方约定将继续深化合作、拓宽业务范围，强强联合，智为高效未来。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.