# Voith Group invests nearly $25M in two York facilities

Voith Group is investing nearly $25 million in its Voith Hydro and Voith Turbo facilities in York, Pennsylvania. Voith Hydro is investing almost $20 million to install new machine tools for hydropower manufacturing, and Voith Turbo is investing $5 million to add 10,000 square feet for rail industry manufacturing.

- Type: Investment
- Announced: 2024-03-27
- Where: York, Pennsylvania, United States
- Value: $25.0M
- Status: announced
- Products: hydropower turbines, hydro pumped storage machines, rail industry products
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Voith](https://endata.com/companies/217.md)
- [Voith Hydro](https://endata.com/companies/10534.md)
- [Voith Turbo Pvt Ltd](https://endata.com/companies/56186.md)

## Sources

- [cpbj.com](https://www.cpbj.com/voith-group-invests-nearly-25m-in-two-york-facilities/), 2024-03-27: "Voith Group is making a nearly $25 million investment in its Voith Hydro and Voith Turbo facilities in York to meet manufacturing needs."

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