Aerotech to Invest in Korean Manufacturing Facility
Aerotech has planned to expand its partnership with Korean distributor ANI Motion Tech. Their latest joint venture is a new manufacturing and research facility that will be located in Korea’s Songdo Knowledge Information Industrial Complex.
The new facility, which will be owned and operated by ANI Motion Tech, will primarily produce precision motion control and automation equipment for the semiconductor and display markets. Groundbreaking is expected to happen in March 2024.
Aerotech President Dr. Robert Novotnak, said, “This investment in ANI Motion Tech is also an investment in Aerotech. As we grow together, so do our production and distribution capabilities. Our expanding presence in Korea allows us to be an even stronger force in providing automation and motion control solutions to the world.”
The Songdo Knowledge and Information Industrial Complex is part of Songdo International City, a base for high-tech, biotechnology, and research industries in South Korea’s Incheon Free Trade Zone.
