Doosan signs MOU for expansion in U.S. smart factory market

Doosan-US firm-partnership

Doosan signs MOU for expansion in U.S. smart factory market

SEOUL, April 30 (Yonhap) -- Doosan Corp., the holding company of South Korea's energy-to-construction equipment conglomerate, said Sunday it has signed an initial pact with a U.S. industrial automation firm to expand into the U.S. smart factory market.

On April 25 (U.S. time), Doosan Corp. signed a memorandum of understanding (MOU) with Rockwell Automation, Inc. to develop robotic and other technologies for automation facilities, smart factory construction, and other solutions for their global customers, Doosan said in a statement.

Under the "strategic" agreement, Doosan will become a long-term robot supplier for Rockwell's manufacturing facilities, while Rockwell will provide automation solutions for Doosan.

Doosan Corp. has a robot manufacturing unit, Doosan Robotics. It owns a 90 percent stake in Doosan Robotics.

Doosan expects the partnership with Rockwell will help it win further deals in the North American robot and smart factory markets.

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