Singapore firm budgets up to S$15m for a full smart factory

Singapore

AMID manufacturing headwinds, Fong's Engineering and Manufacturing is prepared to spend up to S$15 million to launch a full-fledged smart factory in the next three to five years, in a bid to boost revenue and productivity.

Fong's, which manufactures high-end medical devices largely for US medical devices companies, aims to run its production round the clock with minimal human intervention, aided by an integrated manufacturing shop floor with advanced robotics and autonomous robots.