# GEA invests EUR 50 million in German centrifuge plants

GEA will invest around EUR 50 million to modernize its centrifuge production facilities in Oelde and Niederahr, Germany, by the end of 2024. The investment focuses on sustainability, digitalization, and automation.

- Type: Investment
- Announced: 2023-05-11
- Where: Oelde and Niederahr, Germany, Germany
- Value: $54.5M (50.0M EUR)
- Starts operating: 2024
- Status: announced
- Products: centrifuges
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [GEA](https://endata.com/companies/3367.md)

## Sources

- [gea.com](https://www.gea.com/en/news/corporate/2023/gea-invests-50mln-eur-in-german-sites/), 2023-05-11: "With the investments announced today, we are future-proofing our sites by producing in an even more climate-friendly, efficient and modern way."

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