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CIN Invests $7.9M in 'Smart Factory'

Thursday, October 25, 2018

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Portugal-based coatings company CIN recently announced a 7 million-euro ($7.9 million) investment to “create the first smart factory.”

The plan is to convert its Maia, Portugal, liquid paints factory to allow annual production of up to 8 million liters a year.

The Project

The company says that the new facility will benefit its Protective Coatings and Industrial segment—which represents about 48 percent of the company’s total sales volume—with expression in markets in Spain, Romania, Turkey, Mexico and South Africa.

CIN

Portugal-based coatings company CIN recently announced a 7 million-euro ($7.9 million) investment to “create the first smart factory.”

CIN says the factory will use “methods and technologies which are connected and controlled in a network, providing high levels of automation, efficiency, precision and reliability.” The technology is equipped with data processing and communication modules that will enable the implementation of networked decision and control methods, the company adds.

“The need to keep up with the technological evolution led CIN to renovate and technically update equipment, systems and processes, in line with the current and future production needs,” said Pedro Cruz, Manager of Industrial Projects and Production Information Systems.

“We made the Maia unit more competitive by applying the Industry 4.0 principles, seeking to improve performance through optimizing the quality of the process, the resources and the level of service.”

In addition to the tech upgrade, the facility’s layout will be changed as well with an extra 1,023 square meters of storage area and 662 square meters of open space. The restructuring will impact the entire process, from raw material arriving at the warehouse to the moment the finished product is packed, the company said.

“CIN intends to make this a pilot-case, from which there will be a rollout to other industrial units in Spain and France,” Cruz said. “Our R&D skills are reinforced with this innovative factory model, and we are certain that pioneering in this sector will bring us unquestionable competitive advantages.”

   

Tagged categories: Business matters; Business operations; CIN

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