Rockwell Automation (ROK) announced plans to build a new greenfield manufacturing site in Southeastern Wisconsin. The project marks the next step in the company’s previously announced $2 billion investment in plants, digital infrastructure, and talent to grow share, build resilience, and expand margins over the next five years. The facility has the potential to be Rockwell’s largest manufacturing campus globally, with a significant footprint and the flexibility to scale operations. This new facility will span more than 1 million square feet of manufacturing and warehouse space and will be equipped with advanced automation, robotics, and digital systems that will showcase modern manufacturing and demonstrate Rockwell’s leadership in industrial automation.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROK:
- Honeywell Stock Forecast Gets Slashed Drastically by Bank of America Analyst. Here’s Why
- Rockwell Automation price target raised to $370 from $320 at Loop Capital
- Rockwell Automation price target raised to $400 from $357 at JPMorgan
- Rockwell Automation price target raised to $435 from $385 at Morgan Stanley
- Rockwell Automation: Positioned for Growth Amid U.S. Manufacturing Upcycle and Strong Performance Indicators
