# Nobia to invest SEK 2B in new automated production plant in Sweden

Nobia's Board of Directors made a directional decision to invest in a new highly automated production plant in Jönköping, Sweden, to replace its existing factory in Tidaholm. The investment in automation and other production equipment is estimated at SEK 2 billion, with the plant planned to be in full operation by 2024.

- Type: Investment
- Announced: 2019-12-04
- Where: Jönköping, Sweden, Sweden
- Value: $210.0M (2.00B SEK)
- Starts operating: 2024
- Status: announced
- Products: kitchen manufacturing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nobia](https://endata.com/companies/17825.md)

## Sources

- [news.cision.com](https://news.cision.com/nobia-ab/r/nobia-to-invest-in-highly-automated-production-plant-in-sweden,c2981371), 2019-12-04: "The Board of Directors has today made a directional decision to build a new production facility in Sweden."

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