GH Cranes & Components will build a new factory in Texas, USA, with a total investment of nearly EUR 13 million. COFIDES granted a joint venture loan of USD 4.7 million, matched by the Basque Finance Institute. The new facility will replace the current Texas factory and expand production capacity.
PI USA signed a construction contract for a new 119,575 sq ft production facility in Shrewsbury, Massachusetts, three times the space of its current US sites combined. From 2025, PI will manufacture motion and precision positioning components and piezo applications for the North American market at this facility.
Violeta, owned by Petar Corluka, is opening a 30,000 sq m corrugated carton packaging factory in Grude, with a 35 million euro investment. Test production began in December 2023 and the official opening is expected soon.
Belmark Inc. will locate a new 156,000-square-foot flexible packaging plant in Allen County, Kentucky, with a nearly $99 million investment creating 159 jobs. Construction is expected to begin in June 2025 and finish in 2026.
Saras Micro Devices celebrated the grand opening of its new headquarters and manufacturing facility in Chandler, Arizona, with a planned investment of over $50 million. The facility includes 33,000 sq. ft. of clean room and manufacturing space, and will employ about 50 people initially.
Uflex Group held a groundbreaking ceremony for a new Woven Polypropylene Bags (WPP) industrial plant in Altamira, Tamaulipas, Mexico. The investment is $150 million and is expected to create up to 1,000 jobs.
Airbus opened the Airbus Lifecycle Services Centre (ALSC) in Chengdu, China, covering 717,000 square metres with storage capacity for 125 aircraft. The centre offers aircraft parking, storage, maintenance, upgrades, conversions, dismantling and recycling services.
Chinese industrial group Aeolon has launched construction of its first overseas wind turbine blade manufacturing plant in Nador, Morocco, with an investment of €220 million. The plant is expected to create 3,300 jobs and become operational by January 2025.
Sinochem Dongda broke ground on a 240 kilotonne per annum polyether polyols unit at Sinochem's Quanzhou Petrochemical complex in Fujian Province, China. The project is expected to be completed by end of 2024 and commissioned by early 2025.
Unison Shanghai, through its subsidiary ZS Automotive Components Mexico, began construction of a $400 million plant in Villa de Reyes, San Luis Potosí, Mexico. The facility will produce aluminum auto parts for electric vehicles, including bumpers and battery trays, and is expected to create 3,000 jobs.
MAHLE inaugurated Plant 3 in Ramos Arizpe, Coahuila, Mexico, with a $70.1 million investment. The facility will produce heat exchangers and thermal management components for light vehicles and battery electric vehicles, creating 400 direct jobs.
Baker Hughes Nuovo Pignone presented plans to build an industrial module manufacturing facility at the port of Corigliano Calabro. The facility will fabricate, paint, assemble and perform final assembly of modules for gas compression, power generation and energy transition solutions.
Prom Tekhnologii 4.0 will build a production complex in the Dubna Special Economic Zone to manufacture water treatment and purification equipment. The investment is 350 million rubles, creating over 50 jobs, with launch planned for 2024.
Bombardier has opened a new $670 million private jet assembly plant at Toronto Pearson Airport, replacing its Downsview facility. The plant assembles Global 6500 and Global 7500 jets and will employ over 2,000 workers.
WestRock plans a state-of-the-art corrugated box plant of over 550,000 square feet in Pleasant Prairie, Wisconsin, for about $140 million, with construction expected in 2024 and completion in 2025.
Rochester Concrete Products (RCP) opened a new 45,000 sqft manufacturing facility in Jordan, Minnesota, bringing total site square footage to about 80,000 sqft. The plant increases production capacity by up to 400% and introduces new products.
Romagnole inaugurated the first phase of a new factory in Mandaguari, Paraná, Brazil. The facility, built on 128,000 m² with 15,000 m² of built area, represents an investment of R$ 80 million and will double production capacity for electrical fittings, solar energy structures, and power entry cabins.
Diemme Filtration, part of Aqseptence Group, inaugurated a new production plant in Lugo, Italy. The facility was built on a 24,000 m² plot with over 11,000 m² of space to multiply production capacity for large filter presses.
Teknomelt San. ve Tic. A.Ş. announced a €50 million investment in a new carded-carded-pulp (CCP) spunlace line in Turkey to produce fully and partially biodegradable nonwoven fabrics under brands Biona and Econa.
ACCURL has begun construction of a new smart, green factory at its headquarters in Anhui, China, with an investment of approximately €38 million ($41.5 million). The facility, covering 61,300 square meters of production area, is scheduled for completion by the end of 2024 and will produce laser cutting systems and CNC press brakes.
Accurl CNC Machine Tools has broken ground on a new smart factory at its headquarters in Anhui, China, with an investment of approximately €38 million. Completion is expected by end of 2024.
Holcim is constructing a new mortar plant in Villasequilla, Toledo, Spain, with an investment of EUR 6.8 million. The facility will include a research center for low-carbon mortar development.
SIG laid the foundation for its first aseptic carton plant in India, in Ahmedabad, Gujarat. The investment is about €100 million (INR 880 crores), phased over 2023-2025, targeting up to 4 billion packs per year, with commercial production expected by the end of 2024.
Siemens inaugurated 'ITESA 4', a new manufacturing plant in Ciudad Juarez, Chihuahua, with a US$17.4 million investment. The plant will manufacture energy measurement and distribution products, and is expected to be fully built by end of 2025. It has already created over 260 direct jobs.
Conduit RYMCO is investing US$45 million in a new steel pipe plant in Frontera, Coahuila, Mexico. Construction has begun, with completion expected in 2025 and production starting in Q4 2025. The plant will create 230 direct jobs.
TRUMPF is building a new production facility in Pune, Maharashtra, India, investing around €5 million. Production will begin in 2024, aiming to produce 300 machines per year.
Dexcom has turned the first sod on a new €300 million manufacturing plant in Athenry, Co Galway, its first European site, creating up to 1,000 jobs and producing continuous glucose monitors.
Longhua New Material plans to invest CNY1.6 billion ($222.3 million) to construct a polymer materials factory in the Lingang New Area of Shanghai, with an annual capacity of 200,000 tons and about 300 jobs.
Entai Environmental Technology (Changzhou) Co., Ltd. signed an investment agreement with Mianzhu city and Deyang Investment Holding Group to build a high-performance water treatment membrane industrial base in Mianzhu High-tech Zone. The total investment is 30.5 billion yuan (approx. $4.2 billion), with two phases: Phase I (1.05 billion yuan) for 60 million m2 of reverse osmosis membrane production, and Phase II (2 billion yuan) for upstream and downstream production.
Prometal inaugurated Prometal 4 and Prometal 5, two new steel processing plants in Douala, Cameroon, with a total investment of 57 billion FCFA. Prometal 4 is a steel mill with 360,000 tonnes annual capacity, and Prometal 5 produces gas cylinders and metal structures.
Wontonne Group is building a new R&D center and advanced manufacturing industrial park covering 30,000 m2, with construction planned for completion in 2024. The new factory will have an annual production capacity of 20,000 units of forklift attachments and trucks.
Cascades converted the former Bear Island paper mill in Hanover County, Virginia into a recycled linerboard facility, announced in October 2020 with a $380 million investment. The first roll of containerboard was produced in May 2023.
BASF announced the launch of a thermoplastic polyurethane (TPU) facility at its Zhanjiang Verbund site in Guangdong, China. The plant is the second to come on stream at the 10-billion-euro site and has BASF's largest single TPU production line globally.
Jentech Precision is evaluating setting up a factory in Malaysia and expects to establish a subsidiary there in 2024 to begin plant construction, in response to supply chain shifts driven by geopolitics.
BetaMed plans to build a medical device production facility in the Moglino SEZ in Pskov region, Russia, with an investment of 665 million rubles. The plant will produce surgical endoscopic staplers and hemodialysis catheters, with a maximum capacity of 820,000 units per year.
Morris Property will build a new 60,000-sq.-ft. manufacturing and office facility for sister company Morris Site Machinery at the i54 South Staffordshire business park. The £6 million project starts November 2023 and will relocate the business from Four Ashes, Wolverhampton.
CIMCO Refrigeration, a Toromont Industries company, has opened a 42,000-sq.-ft. manufacturing facility in Duncan, South Carolina, to produce natural refrigerant industrial refrigeration components and packages for food, beverage, and ice rink industries.
OOO Podmoskovny Transformer Plant will invest 883.5 million rubles (approx. $10M) in a new transformer manufacturing facility in Volokolamsk, Moscow region. The plant is expected to start production in 2026, creating 150 jobs and producing up to 5,000 transformers annually.
Surgical Instruments Group Holdings (SIGH), a UK-based medical device manufacturer, announced plans to set up a manufacturing facility in Hyderabad, Telangana, with an investment of INR 231.5 crore over 2-3 years. Phase 1 will produce general and precision surgical instruments, orthopedic power tools, and ophthalmic instruments; Phase 2 will add robotic medical devices.
Mimasa, a food industry washing and drying systems manufacturer, moved its headquarters and factory to a new 10,000 m² site in Fornells de la Selva, Girona, on January 22, 2024. The company aims to double revenue to €24 million and increase employment from 75 to over 100 within five years.
QES Mechatronic Sdn Bhd, a subsidiary of QES Group Berhad, broke ground on a new plant (QES 2@BKIP) in Batu Kawan Industrial Park, Malaysia, with an RM40 million investment. The facility will double manufacturing capacity and is expected to commence operations by Q4 2024.
Almek is investing in a new production corporation in the Montgomery area of Alabama, USA, together with a logistics corporation, expected to be fully operational in 2026 with an annual production capacity of 15,000 tons.
Saica has commenced construction of a new corrugated board factory in Sant Esteve Sesrovires, Catalonia, with an investment of more than $107.8 million. Operations are scheduled to start in 2025 and the plant will replace two existing sites.
Metso has officially opened a new screening media factory in Irapuato, Mexico, to serve aggregates and mining customers in North and Central America. The plant is part of a larger 9,000 sq m facility and is expected to be fully operational by the end of Q2 2024.
JMG Cranes has completed its new manufacturing plant in Sarmato, Italy, and produced the first crane, an MC100S, at the facility. The plant is part of a new citadel of electric cranes.
Gradient, a startup making window-mounted heat pumps, is in line for $17.5 million in federal funding to establish a Michigan plant employing about 300 people with capacity of 100,000 units a year. The final contracts have not yet been signed.
German automotive parts supplier Kostal opened a new industrial unit in Tangier, Morocco, on January 16, 2024. The €25 million facility is expected to create 700 direct jobs.
Trelleborg Marine & Infrastructure broke ground on a new manufacturing facility in Phu My 3 Specialised Industrial Park, Ba Ria-Vung Tau, Vietnam. Construction is expected to be completed by end of 2025, with production starting in 2026.
Electroalfa and SGB-SMIT Group announced the construction of a new transformer factory in Botoșani, Romania, with an annual capacity of 500 oil-filled distribution transformers (50-1000 kVA). First delivery is scheduled for 2025.
Scott Bader's two-year build of a $16 million new manufacturing facility in Mocksville, USA, becomes fully operational in 2024.