# GEA invests €5.5M to modernise valve production at Prenzlau plant

GEA is investing around €5.5 million to modernise industrial refrigeration valve production at its AWP site in Prenzlau, Germany, replacing older machining centres with new CNC machines. The investment will add 20 production jobs by 2026.

- Type: Investment
- Announced: 2024-01-19
- Where: Prenzlau, Germany
- Value: $6.00M (5.50M EUR)
- Jobs: 20
- Status: under construction
- Products: safety valves, shut-off valves, ball valves, suction filters, oil management valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [GEA](https://endata.com/companies/3367.md)
- [GEA](https://endata.com/companies/3367.md) (investor)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/gea-invests-e5-5m-in-awp-factory/), 2024-01-19: "GEA is investing around €5.5m in the modernisation of industrial refrigeration production valves and components at its GEA AWP site in Prenzlau."
- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/gea-investing-e5-5-million-at-awp-site-in-response-to-increased-demand-for-hvacr-components/), 2024-02-05: "GEA has announced it will invest €5.5 million (US$5.95 million) to modernize production equipment at its AWP site in Prenzlau, Germany."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.