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BERLIN, July 31 (Xinhua) -- The Augsburg-based industrial robotics producer KUKA AG said on Monday that it would launch an investment program worth more than 100 million euros after its recent acquisition by a Chinese investor.
A brand-new production facility, training center, office tower and car park are all to be constructed at KUKA's headquarters, according to the plan.
The nearly 120-year old corporate facilities are in urgent need of modernization, KUKA Chief Executive Officer Till Reuter said.
KUKA employs more than 13,000 employees around the world, 3,500 of which are based in Augsburg.
