Hexagon to Invest 90 MEUR in New Smart Factory

NACKA STRAND, Sweden, June 14, 2017 /PRNewswire/ --

Hexagon, a leading global provider of information technology solutions, will reveal plans today to invest approximately 90 million EUR in a new 52,000-square-metre, state-of-the-art production facility in Hongdao, China. Details will be announced by Norbert Hanke, president of Hexagon's Manufacturing Intelligence (MI) division, as part of HxGN LIVE, Hexagon's international conference taking place through 16 June at The Venetian Hotel in Las Vegas, Nevada, USA. Mr. Hanke will provide information about the project during his keynote, 'Building the Factory of the Future,' at 1:30 p.m. PDT.

The new site, which primarily will produce metrology systems for the MI division, will utilise Hexagon's smart manufacturing technologies to produce and calibrate the systems, as well as house software development and customer support teams covering the wider Hexagon portfolio. The Hongdao facility also will include office and meeting space, recreational areas for employees and a Hexagon solution centre. Construction will be managed using Hexagon's own enterprise construction solution, HxGN SMART Build, and is slated to begin this year, with completion targeted for 2020.

"The factories of the future must be flexible, modular working environments with data-driven ecosystems that embed agility and quality into every phase of the production process," said Hexagon President and CEO Ola Rollén. "Our new facility not only will deliver high-class products and services for our customers in China and the surrounding region, but also pioneer new technologies to support smart manufacturing."

For further information, please contact:
Maria Luthström, Investor Relations Manager, Hexagon AB, +46 8 601 26 27, [email protected]
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972, [email protected]

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SOURCE Hexagon