Aerotech invests in South Korean production facility

Aerotech’s partnership with the South Korean specialist for UV laser systems ANI Motion Tech Ltd has been in place since 2017. A joint venture is now being further intensified and will be accompanied by the construction of a new production and research facility.

This will be located in the up-and-coming international business complex in Songdo City. Songdo is one of the world’s first smart cities and was built in the South Korean free trade zone of Incheon on six square kilometres of land reclaimed from the Yellow Sea. The planned city is a centre of attraction for numerous high-tech, biotechnology and research companies that support each other and collaborate in cluster networks. The future facility, owned and operated by ANI Motion Tech, will be part of the Knowledge and Information Industrial Complex there and will mainly manufacture precision motion control and automation equipment for the semiconductor and display market. Construction is scheduled to begin in March 2024.

Aerotech President Dr Robert Novotnak emphasises: “Our investment in ANI Motion Tech is also an investment in the future of Aerotech. Through our joint growth, we are increasing our production and sales capacities. The expansion of our presence in South Korea also strengthens our position as an experienced provider of automation and motion control solutions worldwide.”

Image: Handshake in Songdo City, South Korea: Aerotech CEO Mark Botos and ANI Motion Tech CEO Donghyuk (Tony) Shin 

Contact: Andy Holmes

aholmes@aerotech.com

https://uk.aerotech.com/