# IMI invests $38M in new control valve facility in Lake Forest, California

IMI plans a $38 million manufacturing facility in Lake Forest, California, to support its IMI CCI actuator and control valve brand, self-funded by selling its Rancho Santa Margarita site, with the move targeted for early 2026.

- Type: New facility
- Announced: 2025-01-29
- Where: Lake Forest, California, United States
- Value: $38.0M
- Status: announced
- Products: control valves, actuators
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [IMI plc](https://endata.com/companies/2552.md)

## Sources

- [processautomation.imiplc.com](https://processautomation.imiplc.com/news-and-insights/company-news/imi-invests-dollar38-million-in-new-us-control-valve-facility), 2025-01-29: "IMI has unveiled plans for a new $38m manufacturing facility in Lake Forest, California, USA."
- [control.com](https://control.com/news/imi-invests-38m-toward-automation-manufacturing-and-sustainability/), 2025-02-17: "IMI has announced plans to build a new $38 million manufacturing facility in Lake Forest, California."

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