# Pemamek invests EUR 15M in factory expansion and R&D

Pemamek Ltd. is investing EUR 15 million to expand its factory by 7,000 square meters and boost R&D. The expansion will be ready for production in Q4 2022, and the company plans to hire 40 additional people by end of 2022.

- Type: Expansion
- Announced: 2022-06-16
- Where: Finland
- Value: $15.8M (15.0M EUR)
- Jobs: 40
- Starts operating: Q4 2022
- Status: under construction
- Capacity: 7,000 square meters
- Products: welding and production automation solutions, heavy industry robot solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Pemamek](https://endata.com/companies/10491.md)

## Sources

- [pemamek.com](https://pemamek.com/us/news/pemamek-responds-to-wind-energy-sectors-rising-demand-invests-15-meur-in-factory-expansion-and-rd/), 2022-06-16: "The new factory expansion increases Pemamek's production capacity and abilities to meet the rising demand from the wind power industry."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/32560/Pemamek-invests-15-million-euros-in-factory-expansion-and-RandD), 2022-07-08: "Factors such as green transition and energy self-sufficiency have significantly increased the interest towards wind energy."

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