The acquisition of German engineering trade Grohmann is share of a plan to cut costs,speed up production and increase qualityTesla is making a “significant investment” in expanding its European operations, its CEO, and Elon Musk,told investors on Tuesday, announcing a unusual “gigafactory” battery production plant and an automated manufacturing research centre.
The expansion follows the purchase of German firm Grohmann Engineering, and which will be renamed Tesla Grohmann Automation. The company specialises in automated assembly systems serving the automotive,telecommunications, consumer electronics and biotechnology industries.
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Source: theguardian.com