# Angelini Industries commits €600M for industrial technology expansion in Italy and USA

Angelini Industries announced a commitment of up to €600 million over five years for its Angelini Technologies division, including renovation of the Fameccanica plant in San Giovanni Teatino, Italy, and a new automation and robotics plant in the USA that will employ 250 people.

- Type: Investment
- Announced: 2023-09-22
- Where: San Giovanni Teatino, Italy and USA, Italy
- Value: $640.0M (600.0M EUR)
- Jobs: 250
- Status: announced
- Products: industrial machines for hygiene sector, robotics and industrial automation
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Angelini Industries](https://endata.com/companies/61889.md)
- [Fameccanica](https://endata.com/companies/43756.md) (partner)

## Sources

- [angeliniindustries.com](https://www.angeliniindustries.com/en/press-room/press-releases-and-news/press-releases/angelini-industries-strengthens-its-position-in-industrial-technology-investments-in-italy-and-usa-to-consolidate-core-converting-business-and-develop-new-automation-robotics-unit/), 2023-09-22: "Angelini Technologies expects to double its current turnover of 200 million euros over the five-year period."

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