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FANUC named as Forbes top global innovator for fourth consecutive year

FANUC Corp., a manufacturer of CNCs and robots in Rochester Hills, Mich., has been named one of the top 100 innovative companies in the world for the fourth consecutive year by Forbes®.

The 2014 World's Most Innovative Companies list recognizes corporations that are most likely to be innovative now and in the future. The list is based on a study completed by professors and advisers who determined that calculating a company's value plus anticipated growth fueled by new technology and products will identify the most innovative companies. A key factor used in compiling this list was each company's commitment to R&D.