# Festo invests EUR 30 million in Esslingen-Berkheim headquarters

Festo is investing about EUR 30 million over 2017 and 2018 to expand its Esslingen-Berkheim headquarters, with labs and offices returning after production moved to Ostfildern.

- Type: Investment
- Announced: 2017-03-14
- Where: Esslingen-Berkheim, Germany
- Value: $32.0M (30.0M EUR)
- Status: announced
- Products: industrial automation, pneumatic and electric automation components
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Festo](https://endata.com/companies/1097.md) (investor)

## Sources

- [stuttgarter-zeitung.de](https://www.stuttgarter-zeitung.de/inhalt.festo-riesen-investition-in-den-stammsitz-in-esslingen.33dc13bc-90e3-4355-8439-ff87ebd30544.html), 2017-03-14: "Dazu nimmt die Firma im laufenden und im kommenden Jahr rund 30 Millionen Euro in die Hand."

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