Yiyang Rubber & Plastics Machinery to build digital factory with Fraunhofer IPA

Yiyang Rubber & Plastics Machinery Group (YRPM) and Fraunhofer IPA started a strategic cooperation to build a digital manufacturing base for smart rubber & plastics machinery east of Yiyang, China. The project has a total investment of RMB 500 million (€62 million).

“The facility is to be built east of Yiyang, and a total of RMB500 million (€62 million) has been earmarked for the project.”european-rubber-journal.com

• 2 sources
• european-rubber-journal.comChina’s Yiyan machinery group setting up digital factory | European Rubber JournalSep 14, 2017
• e.cria.org.cnYiyang Rubber & Plastics Machinery Successfully Signed with the Participant of Germany’s Industry 4.0-China Rubber Industry AssociationOct 26, 2017

Summarized from public sources; check the original articles before acting on it.