# Foamit Group invests in expansion and electrification of Onsøy factory

Foamit Group invested in expanding and electrifying its Onsøy factory in Norway and developing its Forssa factory in Finland in 2024 to increase production capacity and reduce carbon footprint. The investments are part of a strategic period 2025-2028 targeting European markets.

- Type: Investment
- Announced: 2025-03-24
- Where: Onsøy, Norway
- Status: announced
- Products: foam glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Foamit Group](https://endata.com/companies/76447.md)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/no/glasopor/pressreleases/nytt-liv-for-glass-gjennom-foamit-groups-baerekraftsarbeid-i-2024-3376680), 2025-03-24: "Vi bygger en bedre fremtid ved å bruke glass som ellers ville ende opp som avfall."

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