# GEA invests €5.5 million to modernize Prenzlau valve plant

GEA Group will invest about €5.5 million by 2026 to modernize production at its GEA AWP valve plant in Prenzlau, Germany, replacing seven older machines and adding about 20 production jobs.

- Type: Expansion
- Announced: 2024-01-21
- Where: Prenzlau, Germany
- Value: $5.95M (5.50M EUR)
- Jobs: 20
- Status: announced
- 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)

## Sources

- [cci-dialog.de](https://cci-dialog.de/gea-investiert-55-mio-e-am-standort-prenzlau-cci_branchenticker/), 2024-01-21: "Die GEA Group AG, Düsseldorf, will bis 2026 rund 5,5 Mio. € in die Modernisierung der Produktion investieren."

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