# 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.

- Type: Investment
- Announced: 2020-12-01
- Where: China
- Status: announced
- Products: pneumatic control equipment
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SMC](https://endata.com/companies/3237.md)

## Sources

- [caixinglobal.com](https://www.caixinglobal.com/2021-01-28/japan-inc-prepares-for-automation-bonanza-in-china-101657131.html), 2021-01-28: "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."

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