Home Announcements Hexagon to invest EUR 90 million for new smart factory in China

Hexagon to invest EUR 90 million for new smart factory in China

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Hexagon to invest EUR 90 million approx. in a new 52,000-square-metre, state-of-the-art production facility in Hongdao, China.

China: Hexagon will invest approximately EUR 90 million in a new 52,000-square-metre, state-of-the-art production facility in Hongdao, China, the company revealed on 14th June.

Details of the investment was announced by Norbert Hanke, president of Hexagonโ€™s Manufacturing Intelligence (MI) division, as part of HxGN LIVE, Hexagonโ€™s international conference taking place at The Venetian Hotel in Las Vegas, Nevada, USA. Mr. Hanke will provide information about the project during his keynote, โ€˜Building the Factory of the Future,โ€™ at 1:30 p.m. PDT.

The new site, which primarily will produce metrology systems for the MI division, will utilise Hexagonโ€™s smart manufacturing technologies to produce and calibrate the systems, as well as house software development and customer support teams covering the wider Hexagon portfolio.

The Hongdao facility will also include office and meeting space, recreational areas for employees and a Hexagon solution centre. Construction will be managed using Hexagonโ€™s own enterprise construction solution, HxGN SMART Build, and is slated to begin this year, with completion targeted for 2020.

โ€œThe factories of the future must be flexible, modular working environments with data-driven ecosystems that embed agility and quality into every phase of the production process,โ€ said Hexagon President and CEO Ola Rollรฉn. โ€œOur new facility not only will deliver high-class products and services for our customers in China and the surrounding region, but also pioneer new technologies to support smart manufacturing.โ€