# Arneg invests $16M to expand production lines and build new plant in Alvear

Arneg invested $16 million to expand production lines for refrigeration equipment and panels in Rosario, and will build a new 7,000 m² plant in Alvear with capacity of 2.5 million m² of insulating panels per year.

- Type: Expansion
- Announced: 2020-12-17
- Where: Rosario and Alvear, Argentina
- Value: $16.0M
- Status: under construction
- Capacity: 2.5 million square meters of insulating panels per year
- Products: refrigeration equipment, insulating panels, sandwich panels
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Arneg](https://endata.com/companies/30862.md)

## Sources

- [rosario3.com](https://www.rosario3.com/ecos365/noticias/Destacados-Ecos365-Arneg-por-la-inversion-de-us16-millones--20201217-0006.html), 2020-12-17: "La empresa de capitales italianos Arneg puso en marcha en Rosario una inversión de u$s16 millones destinada a la incorporación de tecnología para nuevas líneas de producción para equipos de refrigeración y paneles."

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