# Forsberg Asia to build 500 million yuan intelligent corrugated board plant in Foshan

Guangdong Forsberg Intelligent Equipment plans to invest 500 million yuan in an intelligent plant in Foshan, Guangdong, to make corrugated cardboard production line equipment. The project covers about 80 mu.

- Type: New facility
- Announced: 2022-11-09
- Where: Foshan, Guangdong, China
- Value: $70.0M (500.0M CNY)
- Status: announced
- Products: corrugated board production line equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Guangdong Forsberg Intelligent Equipment](https://endata.com/companies/9879.md)

## Sources

- [fancyco.com](https://www.fancyco.com/news/fosbury-asia-will-build-an-intelligent-chemical-plant-for-corrugated-cardboard-production-line/), 2022-11-09: "Fosbury Asia plans to invest 500 million yuan to build an intelligent chemical plant for the corrugated cardboard production line."

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