# Cowin Tech to spend 8.3B won tripling automation system production

Cowin Tech will spend 8.3 billion won to expand its first factory in Asan, tripling production capacity for smart automation system equipment. The expansion aims to meet new orders and increase global market share.

- Type: Expansion
- Announced: 2021-10-14
- Where: Asan, South Korea, South Korea
- Status: announced
- Products: smart automation system equipment, automation kit for battery production
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Cowin Tech](https://endata.com/companies/51454.md)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=3467), 2021-10-14: "It will build a reference for process automation in battery production to offer automation kit for cathode, separator and copper foil productions."

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