# Fosber Asia to build CNY 500M intelligent factory for corrugator production in Foshan

Guangdong Fosber Intelligent Equipment Co., Ltd. (Fosber Asia) will invest 500 million yuan to build a new intelligent factory for corrugator production lines in Foshan City, Guangdong Province, covering about 80 acres.

- Type: New facility
- Announced: 2022-10-24
- Where: Foshan, Guangdong Province, China
- Value: $69.0M (500.0M CNY)
- Status: announced
- Products: corrugator production lines, corrugated equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Fosber Asia](https://endata.com/companies/6341.md)

## Sources

- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/fosber-asia-to-build-new-factory-for-corrugator-production/), 2022-10-24: "Guangdong Fosber Intelligent Equipment Co., Ltd. (Fosber Asia) is going to invest 500 million yuan to build a new intelligent factory for corrugator production lines in a new factory located in Foshan City, Guangdong Province."

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