# Raufoss Technology plans new NOK 300M factory in Raufoss, Norway

Raufoss Technology, part of CAG-Holding, received approval to proceed with a project to build a new factory on Raufoss, Norway, with a cost frame of about 300 million Norwegian kroner. The factory will house a new smelting line and production equipment.

- Type: New facility
- Announced: 2024-04-15
- Where: Raufoss, Norway
- Value: $28.0M (300.0M NOK)
- Status: announced
- Products: lightweight aluminum chassis components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Raufoss Technology](https://endata.com/companies/65145.md)
- [CAG-Holding](https://endata.com/companies/76804.md) (investor)

## Sources

- [raufossindustripark.no](https://raufossindustripark.no/ny-fabrikk-til-300-millioner), 2024-04-15: "Vi har nå fått grønt lys for å gå videre med et stort prosjekt for bygging av ny fabrikk på Raufoss."

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