Gree Electric invests 15 billion yuan in smart manufacturing base in Luoyang

Gree Electric announced a 15 billion yuan investment to build the China Luoyang Independent Innovation Smart Manufacturing Industry Base in Luoyang, Henan province. The project will produce robots, smart machine tools, precision molds, and small home appliances, and is expected to create annual output value of over 30 billion yuan.

“Through 3~5 years of development, form including robots, smart machine tools, precision molds, small home appliances in the national important influence 'independent research, independent equipment, independent integration, independent brand' China Luoyang Independent Innovation Smart Manufacturing ”jiadianxun.com

• 1 source
• jiadianxun.com董明珠再向洛阳砸150亿 要造机器人小家电等_小家电_资讯_家电讯Sep 18, 2017

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