The contractual Public-Private Partnership on Factories of the Future will build on its successes achieved since its launch in 2009 as a part of the European Economic Recovery Plan. The initiative will help European industry to meet increasing global consumer demand for greener, more customized and higher quality products through the necessary transition to a demand-driven industry with less waste and a better use of resources.

For more info see http://ec.europa.eu/research/industrial_technologies/factories-of-the-future_en.html