# Peter Bax invests EUR 7 million in new steel processing plant in Weelde

Steel company Peter Bax is investing EUR 7 million in a new steel processing factory of about 7,000 square meters in Weelde, Belgium, expected to be completed in 2025 and create several jobs.

- Type: New facility
- Announced: 2024-11-02
- Where: Weelde, Belgium
- Value: $7.60M (7.00M EUR)
- Jobs: 5
- Starts operating: 2025
- Status: announced
- Capacity: 7,000 square meters
- Products: steel processing services
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Peter Bax](https://endata.com/companies/80981.md)

## Sources

- [rtv.be](https://www.rtv.be/economisch-nieuws/staalbedrijf-weelde-investeert-7-miljoen-euro-nieuwe-fabriek), 2024-11-02: "Staalbedrijf Peter Bax investeert 7 miljoen euro in een nieuwe fabriek."

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