Japan robot maker Yaskawa eyes $200 million US investment

Japanese robotics manufacturer Yaskawa Electric (6506.T) is contemplating an investment of approximately $200 million in the United States, marking its foray into producing industrial robots locally.

This move aligns with a broader trend of manufacturers from allied nations establishing production capabilities in the U.S.

The initiative is part of Washington’s efforts to bolster high-end manufacturing and secure control over supply chains, especially amid trade tensions with China, Reuters reported.

READ MORE: https://www.reuters.com/markets/deals/japan-robot-maker-yaskawa-eyes-200-mln-us-investment-2023-11-30/

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