Fuji Takes 34% Stake in Tower-Factory
Published: 09 May 2016
by Mike Buetow
FRIEDBERG, GERMANY -- Fuji Machine Manufacturing has taken a 34% stake in Tower-Factory GmbH, a manufacturer of component storage equipment.
An announcement regarding the investment indicated Tower's storage equipment is already integrated into Fuji’s material handling lines. The deal is intended to prepare the companies for future manufacturing solutions such as Industry 4.0 and IIC.
Financial terms were not disclosed.
Press Releases
- ECIA Welcomes New Manufacturers’ Council Members
- ViTrox Presents Next-Gen Intelligent Manufacturing Solutions at SEMICON Southeast Asia 2024
- IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility
- Bimos Appoints Proactive Process Solutions Group, LLC as Its Manufacturers' Representative