# New Spool invests €5.7M in automation and AI

New Spool is undertaking a multi-year investment program worth over €5.7 million, including new machinery, robotic systems, and AI-based quality control. Construction is also underway on a new facility in Tombolo, Italy for partner company ARBE.

- Type: Investment
- Announced: 2026-07-22
- Where: Tombolo, Padua, Italy
- Value: $6.20M (5.70M EUR)
- Status: under construction
- Products: wire baskets
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [New Spool](https://endata.com/companies/93133.md)
- [ARBE](https://endata.com/companies/93134.md) (partner)

## Sources

- [expometals.net](https://www.expometals.net/en/hall/equipment/reels/stand/new-spool-srl/news/new-spools-investment-plan-continues-eur57m-in-automation-ai-and-new-equipment), 2026-07-22: "The investment program confirms New Spool's commitment to developing increasingly automated and digital production."

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