# SIAD Group invests €18M in new compressor plant in Seriate, Italy

The SIAD Group is investing EUR 18 million (about USD 19.6 million) to build a new compressor production plant in Seriate near Bergamo, Italy, to expand capacity and digitalise production. The plant is due for completion by mid-2026 and will host piston compressor production.

- Type: New facility
- Announced: 2026-03-11
- Where: Seriate, Italy
- Value: $19.6M (18.0M EUR)
- Status: under construction
- Products: piston compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SIAD](https://endata.com/companies/13254.md)

## Sources

- [compressortech2.com](https://www.compressortech2.com/de/news/die-siad-gruppe-investiert-18-millionen-euro-in-eine-neue-kompressorenproduktionsanlage-in-italien/8116283.article), 2026-03-11: "Die SIAD Group investiert 18 Millionen Euro (19,6 Millionen US-Dollar) in den Bau einer neuen Kompressorenproduktionsstätte in Seriate, Italien."
- [siad.com](https://www.siad.com/en/news-and-events/siad-group-announces-the-construction-of-a-new-manufacturing-facility-for-compressors-in-seriate), 2026-03-12: "SIAD Group is investing 18 million euros in the development of a new production facility in Seriate (Bergamo, Italy) dedicated to the compressor division, scheduled for completion by mid-2026."
- [gasworld.com](https://www.gasworld.com/story/siad-to-build-e18m-compressor-production-facility-in-italy/2174470.article/), 2026-03-13: "SIAD Group is poised to develop a new € 18m production facility in Seriate"

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