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The new warehousing facility in Horizon’s high-quality modern logistics park will be an important step for MOVIN to establish its presence in the market. Logistics provides the backbone of consumption growth across many sectors including automotive, pharmaceuticals, industrials, FMCG, consumables and lifestyle, and supports job growth.
Definitely, we feel the demand and growth will be more towards machines that are more versatile and more independent from operator involvement. The trend to have manufacturing outside of China is definitely helping to push demand for machine tools in the rest of the world.
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