# Fanuc to invest ¥26bn in Shanghai robot plant expansion

Fanuc will invest 26 billion yen ($240 million) to expand its Shanghai plant more than fivefold, its largest investment in China to date.

- Type: Expansion
- Announced: 2021-03-22
- Where: Shanghai, China
- Value: $240.0M (26.0B JPY)
- Status: announced
- Capacity: 300,000 square meters construction area
- Products: industrial robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Fanuc](https://endata.com/companies/11003.md)
- [Shanghai Electric](https://endata.com/companies/1068.md) (partner)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/technology/fanuc-plans-biggest-investment-in-china-to-expand-robot-plant), 2021-03-21: "Fanuc will make its largest investment in China to date, pouring 26 billion yen ($240 million) into fortifying its Shanghai plant."
- [therobotreport.com](https://www.therobotreport.com/fanuc-increases-investment-to-expand-china-factory/), 2021-03-22: "FANUC is investing 26 billion yen ($240 million) into the expansion of its Shanghai, China plant."

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