# Fanuc to build new $550m factory to double production

Fanuc is building a new $550 million factory to double production capacity, driven by rising demand in China. The factory is expected to increase production significantly.

- Type: New facility
- Announced: 2017-11-02
- Where: Japan
- Value: $550.0M
- Status: announced
- Capacity: double production
- Products: industrial robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Fanuc](https://endata.com/companies/11003.md)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/robot-maker-fanuc-running-full-tilt-amid-china-orders), 2017-11-02: "New $550m factory to double production, but heavy capex could squeeze profits"

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