Midea and Kuka begin building $1.6 billion smart manufacturing park in Shunde, China

Midea and its Kuka robotics unit began construction of the Midea-Kuka Smart Manufacturing Industry Park in Shunde, Guangdong province, with an investment of 10 billion yuan ($1.6 billion). The park will cover 800,000 square meters and include a smart manufacturing base, offices and labs.

“Midea and its Kuka German robotics unit began building a 10 billion yuan ($1.6 billion) smart manufacturing park in South China, their first major collaboration since establishing a joint venture last week.”caixinglobal.com

• 3 sources
• caixinglobal.comMidea, Kuka Chase Automation Dreams With $1.6 Billion Park - Caixin GlobalSun CongyingMar 29, 2018
• chinadaily.com.cnMidea, Kuka launch new smart park - Chinadaily.com.cnQiu Quanlin in Foshan, GuangdongMar 29, 2018
• global.chinadaily.com.cnMidea, Kuka launch new smart park - Chinadaily.com.cnQiu Quanlin in Foshan, GuangdongMar 29, 2018

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