SHANGHAI (Oct. 30, 2:20 p.m. ET) — German robot manufacturer Kuka AG is looking to Asia for its future. The 1.5 billion euro ($1.9 billion) company laid the foundation for a new assembly plant in Shanghai earlier this month with plans to start production in late 2013.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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