SMC sets up holding company for China operations

SMC decided late last year to set up a holding company to centrally manage its China operations and funds for capital spending.

“SMC, a leading maker of pneumatic control equipment for factory automation, decided late last year to set up a holding company to preside over its China operations.”caixinglobal.com

• 1 source
• caixinglobal.comJapan Inc. Prepares for Automation Bonanza in China - Caixin GlobalYasufumi TsugeJan 28, 2021

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