# VBG Group to build new production facility in Toronto, Canada

VBG Group has signed an agreement to acquire land in Toronto to establish a new production facility for its Mobile Thermal Solutions division. The land purchase is 53 million CAD and construction investment is 55 million CAD, with construction planned through 2025-2026.

- Type: Expansion
- Announced: 2024-07-19
- Where: Toronto, Canada, Canada
- Value: $80.0M (108.0M CAD)
- Starts operating: 2026
- Status: announced
- Products: heating, ventilation and air conditioning systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [VBG Group](https://endata.com/companies/59947.md)

## Sources

- [vbggroup.com](https://vbggroup.com/en/media/press-releases/vbg-group-consolidates-its-operations-in-canada/), 2024-07-19: "VBG Group plans to merge all MTS operation in Toronto into one common production facility."

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