Doosan Corp., the holding company of South Korea's energy-to-construction equipment conglomerate, said Sunday it has signed an initial pact with a US industrial automation firm to expand into the US smart factory market.
On April 25, Doosan Corp. signed a memorandum of understanding 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. (Yonhap)
