# Fosber Asia breaks ground on new intelligent corrugator factory in Foshan

Guangdong Fosber Intelligent Equipment (Fosber Asia) held the groundbreaking for a new intelligent factory making corrugator production lines in Songxia Industrial Park, Foshan, on 10 February 2023. The estimated investment is about 500 million yuan over an 80-acre site.

- Type: New facility
- Announced: 2023-02-10
- Where: Songxia Industrial Park, Foshan, Guangdong, China
- Value: $72.0M (500.0M CNY)
- Status: under construction
- Products: corrugator production lines, corrugated equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fosber Asia](https://endata.com/companies/6341.md)
- [Fosber](https://endata.com/companies/807.md) (partner)
- [Dongfang Precision Group](https://endata.com/companies/10233.md) (investor)
- [Dongfang Precision Group](https://endata.com/companies/10233.md) (partner)

## Sources

- [fosberasia.com](https://www.fosberasia.com/news_50.html), 2023-02-10: "Fosber Asia's new intelligent factory for corrugator production lines is located in Songxia Industrial Park, Foshan City, Guangdong Province, with an estimated investment of about 500 million yuan."
- [corruga.expert](https://corruga.expert/news/fosber-asia-starts-building-second-plant/), 2023-02-20: "The new factory is located in Songxia Industrial Park, Foshan City, Guangdong Province, with an estimated investment of about ¥500m (over $73m)"

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