# Yiyang Rubber Machinery partners with Fraunhofer IPA for Industry 4.0 project

Yiyang Rubber Machinery signed a strategic cooperation agreement with Fraunhofer IPA for an Industry 4.0 project. The project involves building a digital manufacturing base for intelligent rubber machinery in Yiyang, China, with a planned investment of 500 million yuan.

- Type: Partnership
- Announced: 2017-08-16
- Where: Yiyang, Hunan, China
- Value: $75.0M (500.0M CNY)
- Status: announced
- Products: intelligent rubber machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yiyang Rubber Machinery](https://endata.com/companies/17518.md) (partner)
- [Fraunhofer Institute for Manufacturing Engineering and Automation IPA](https://endata.com/companies/17519.md) (partner)

## Sources

- [sinochem.com](https://www.sinochem.com/Portals/164/zt/portal/xwymt/qyxw/webinfo/2017/08/1502086566722415.htm), 2017-08-16: "益阳橡机与德国弗朗霍夫IPA签约启动工业4.0合作项目"

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