# Transcendia investing $17M in new production line and capacity

Transcendia, Inc. is adding a new production line and equipment at its Richmond, Indiana facility and creating additional manufacturing capacity in a nearby warehouse. The $17M investment will create 30 new jobs, with installation expected by Q2 2025.

- Type: Expansion
- Announced: 2024-09-23
- Where: Richmond, Indiana, United States
- Value: $17.0M
- Jobs: 30
- Starts operating: Q2 2025
- Status: announced
- Products: complex composite films for healthcare and food & beverage packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Transcendia](https://endata.com/companies/3715.md)

## Sources

- [buildingindiana.com](https://buildingindiana.com/stories/transcendia-inc-expands-adding-new-production-line-and-jobs,9281), 2024-09-23: "The company plans to invest a total of $17M between the two projects and expects to have the new equipment installed by the end of the second quarter of 2025."

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