# Cresswell to build DELTABEAM factory in Montreal for Peikko

Cresswell Industries, a Peikko manufacturing partner, will invest over CAD 20 million in a custom-built factory in Montreal, Canada, to produce Peikko's DELTABEAM slim floor structures. Production is expected to start in early 2024.

- Type: New facility
- Announced: 2023-05-09
- Where: Montreal, Canada, Canada
- Value: $14.8M (20.0M CAD)
- Starts operating: Jan 2024
- Status: announced
- Capacity: 150-200 DELTABEAM Composite Beams per week
- Products: DELTABEAM Composite Beam
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cresswell Industries](https://endata.com/companies/70187.md)
- [Nova Steel](https://endata.com/companies/15197.md) (investor)
- [Peikko Group](https://endata.com/companies/24781.md) (partner)

## Sources

- [novasteel.com](https://novasteel.com/cresswell-to-invest-in-a-custom-built-factory-for-peikkos-deltabeam-in-montreal-canada/), 2023-05-10: "The investment for building improvements and equipment will exceed 20 million Canadian dollars (14 million euros) and initially cover roughly 85,000 square feet (8000 square meters)."

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