# Freudenberg opens €11M automotive components plant in Parets

Freudenberg has invested €11 million in a new automotive components plant in Parets del Vallès, Barcelona. The 6,800 sqm facility, designed for 100% renewable energy, replaces and modernizes existing installations and will increase production by 15%.

- Type: New facility
- Announced: 2024-02-09
- Where: Parets del Vallès, Barcelona, Spain
- Value: $12.0M (11.0M EUR)
- Starts operating: 9 Feb 2024
- Status: completed
- Capacity: 15% production increase
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [europapress.es](https://www.europapress.es/motor/sector-00644/noticia-freudenberg-invierte-11-millones-nueva-planta-automocion-parets-barcelona-20240209142528.html), 2024-02-09: "La nueva planta busca dar respuesta a las necesidades actuales y de futuro de la industria de la automoción"

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