Index Investing News
Saturday, September 23, 2023
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

FANUC America Expands Michigan Operations – Commercial Property Executive

by Index Investing News
November 5, 2022
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


FANUC West Campus. Image courtesy of FANUC America

FANUC America, a leading supplier of computer numerical controls (CNCs), robotics and factory automation technologies, broke ground on a 655,000-square-foot facility that will expand the size of its Auburn Hills, Mich., footprint to nearly 2 million square feet. The ceremony included a FANUC CRX Cobot, which is built to work alongside people, that assisted in the groundbreaking.

The new facility in the Detroit suburb, to house manufacturing, engineering and R&D projects, will take shape on 67 acres of land that FANUC America acquired along with the former Thomas M. Cooley Law School campus. The new and existing structures will total 803,100 square feet at what will be called the West Campus.


READ ALSO: What’s Next for Industrial Development: Savills


The company, a subsidiary of Japan-based FANUC Corp., announced the $86 million investment in July and stated it was in response to the growing demand for automation solutions in the United States. General Development Co., which also built FANUC’s 461,000-square-foot North Campus, will be constructing the new facility. Completion is expected in spring 2024.

Located some 30 miles northwest of downtown Detroit at 2630 Featherstone Road, the development site is roughly 7 miles from Continental’s automotive headquarters for North America. In September, Continental, which manufactures parts for autonomous driving systems, completed a $110 million, 215,000-square-foot facility in New Braunfels, Texas, as part of its U.S. expansion.

Training center, expanded

Mike Cicco, president & CEO of FANUC America, said in a prepared statement that, since the company opened its North Campus three years ago, business has increased significantly and further expansion will enable the company to help more customers⁠—both large and small⁠—to achieve their production goals.

FANUC plans to move its Customer Training Academy to the former school once renovations are complete, making it the largest corporate automation training operation in the U.S. The redesigned facility will include more classrooms to provide better learner-to-instructor interactions, as well as increased lab space for hands-on training.

Cicco said a new Deloitte study found there will be at least 2 million unfilled manufacturing jobs within the next eight years, which is contributing to the rapid pace of automation. He said the new training academy will help companies upskill their employees and keep production running smoothly. It will also offer workers more career opportunities as they learn how to operate robotic and automation equipment.



Source link

Tags: AmericacommercialExecutiveExpandsFANUCMichiganoperationsProperty
ShareTweetShareShare
Previous Post

Kim Kardashian Claps Back at ‘F**king Fickle’ Kanye West Fans For Criticizing Her Outfit

Next Post

Bank of Baroda Launches Tiranga Plus Deposit Scheme, Offers Upto 7.50% Interest

Related Posts

Now That Grant Cardone is Getting Sued, Here’s How You Can Avoid Walking Into Syndication Other Traps

by Index Investing News
September 22, 2023
0

In this article Syndications are a hot topic lately, especially since celebrity investor Grant Cardone has gotten into trouble for allegedly inflating...

Upland Game Bird Hunting

by Index Investing News
September 22, 2023
0

WRITTEN BY: GEORGE DUKE | RANCH SALES | LICENSED IN MT, WY Upland game bird hunting in South-Central Montana is...

CoreLogic Mobile MLS-Touch App Available To 1M Real Estate Agents

by Index Investing News
September 23, 2023
0

MLS-Touch provides connections to four home showing solutions driven by the data of each MLS in which it’s active. It...

Bank of America Signs 248 KSF Dallas Lease

by Index Investing News
September 22, 2023
0

Bank of America Tower at Parkside is scheduled for delivery in 2027. Image courtesy of KDC A joint venture between...

Global Risk Of Housing Bubbles Deflates Sharply [Infographic]

Global Risk Of Housing Bubbles Deflates Sharply [Infographic]

by Index Investing News
September 22, 2023
0

The global risk of housing bubbles has decreased sharply in 2023. A report released Wednesday by Swiss bank UBS concludes...

Next Post

Bank of Baroda Launches Tiranga Plus Deposit Scheme, Offers Upto 7.50% Interest

Tech Company Pays $85M for Silicon Valley Office Building – Commercial Property Executive

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Did Jobs Increase in January?

February 9, 2023

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan

July 1, 2023

Elon Musk says Twitter at ‘roughly break-even’ after ‘quite painful’ ownership | by Crypto Beat | The Capital Platform | Apr, 2023

April 13, 2023

nithin kamath: Zerodha CEO Nithin Kamath says Sebi guidelines shield Indians when US markets catch chilly

July 9, 2022

Branded Residences Remain In Demand As Developers Bring New Inventory To The Market

March 1, 2023

Increasing the efficiency of your small business

November 7, 2022

Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price

April 23, 2023

“Those voices, I believe, are gonna be just as steadfast if not louder”

November 4, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In