# Freudenberg invests $11M to expand Catalonia plant

Freudenberg will invest USD 11 million to build a new parts manufacturing plant in Parets del Vallès, Catalonia, Spain, increasing production capacity of suspension and steering components by 15%.

- Type: Expansion
- Announced: 2022-03-17
- Where: Parets del Vallès, Catalonia, Spain
- Value: $11.0M
- Status: announced
- Capacity: 15% increase in production capacity of suspension and steering components
- Products: suspension components, steering components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Freudenberg Group](https://endata.com/companies/15958.md)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5264950/freudenberg-invests-usd11-million-to-increase-production-capacity-at-catalonia-plant), 2022-03-29: "The German company will increase production capacity of suspension and steering components by 15% in the region."

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