Japan's Yaskawa to increase its investment in Slovenia

LJUBLJANA – Electrical equipment-producer Yaskawa, which is building an industrial robot factory in Slovenia, has decided to build another factory in the country to produce electrical components. The new factory will make inverter drives, servo drives and servo motors, Yaskawa said Monday. "Expanding our production capacity will enable us to further improve the supply chain, shorten our lead times and enhance the service for our European customers," Manfred Stern, head of Yaskawa Europe, said in a statement. Yaskawa did not reveal the value of the new investment, but according to local media it will be worth some €25 million ($30 million) and will create up to 250 new jobs. The company already makes industrial robot parts in Slovenia.