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Siemens announced a new investment of CNY 1.1 billion (approx. EUR 140 million) to build the Siemens Industrial Automation Products China Smart Manufacturing Base in Chengdu, which is the fourth-phase expansion of its existing digital factory. The expansion will produce PLCs, distributed control systems, HMIs, and industrial PCs.
“Siemens will expand the factory, which mainly produces industrial automation equipment, and create 400 new jobs, the Munich-based firm announced yesterday.”yicaiglobal.com
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