Rex Power Magnetics has completed the first phase of its operational scale-up, opening a new 50,000 ft2 factory in Etobicoke, Ontario, for dry-type transformer production, with initial output of 20 units per day and plans to reach 50 units per day.
Blue Star Limited plans to invest nearly Rs 200 crore to expand its manufacturing capacity at its Sri City plant, adding 300,000 units in FY2024-25, doubling current capacity there.
Thermal management firm Modine will invest $18.1 million to expand its Rockbridge County, Virginia operation, adding 211 jobs to increase production of data center cooling equipment.
Gestamp will invest €57 million to expand its Noáin production centre in Navarra, Spain, building a new hot stamping and assembly plant to supply side structures for Skoda and Volkswagen electric cars. The facility is expected to be completed by March 2025.
TKG (Token Technology) officially started construction of the phase II plant at its Yucheng site in China. The new buildings will add nearly 20,000 square meters of production area, including smart warehouse and material circulation areas.
Kohat Cement Factory optimized the pyroprocessing section of its existing 6700tpd grey cement line, increasing clinker capacity from 6700tpd to 7064tpd at its Kohat site in Khyber Pakhtunkhwa, Pakistan.
Bosch is investing around 100 million euros in its Aveiro site in Portugal by 2026 to build laboratories, two production buildings and additional heat pump lines, creating several hundred jobs over the medium term.
Chemfab Alkalis Ltd. will increase PVCO pipe production capacity at Sri City from 20 tonnes per day to 65 TPD by investing ₹74 crore, adding five new production lines in stages, with the third line commissioning by May 2024 and the fourth by July 2024.
Stellar Industries plans to expand operations in Mason City by purchasing a former distribution facility adjacent to its existing plant, adding 155,000 square feet and 18 acres. The company will invest over $15 million and create at least 40 new jobs over five years.
JSW Steel announced a €143 million investment to modernize its rail mill at Piombino, Italy, doubling capacity from 300,000 to 600,000 tonnes per annum. The project includes a Tandem Mill and head-hardening facility.
A new production line for chip capacitors was launched at the Oxid plant in Novosibirsk. Investment is about RUB 1 billion, with planned output of up to 300 million units per year.
Diakon-DS plans to invest 600 million rubles to expand production of medical equipment for in vitro diagnostics in Pushchino, Moscow region. Construction completion and commissioning are planned for Q4 2026, creating about 20 jobs.
Fuhai (Shandong) Packaging Materials Co., Ltd., a subsidiary of Fuhai Group, is constructing a 1.5 million tons/year PET packaging material project in Hekou District, Dongying City, with a total investment of about 6.92 billion yuan. The project is expected to be completed and put into production in 2025, creating over 900 new jobs.
John Deere will invest R$230 million by 2026 to expand its tractor factory in Montenegro, Rio Grande do Sul, Brazil. The investment includes new production lines, expanded storage, a warehouse, a restaurant, and increased internal areas.
Stora Enso's Oulu mill in Finland received an environmental permit for a new board production line, converted from an old paper machine, with production planned to start in 2025. The line is expected to raise the mill's board capacity to up to 750,000 tons a year.
Gangtian Intelligent held a groundbreaking ceremony for Phase 3 of its high-end CNC machine tool core functional components project in Danyang, Jiangsu. The phase involves a 1.5 billion yuan investment, 51.4 mu of new land, and 90,000 sqm of new buildings for producing spindles and ATC products.
EVAPCO, Inc. is expanding its Taneytown, Maryland headquarters by adding 45,000 square feet of office space over two years, creating 275 new jobs and bringing total employment to over 840 workers in Carroll County.
Maquinaria Conservera Tomás Guillén inaugurated a new 7,000 square meter commercial facility in Lorquí, Spain, after a €4 million investment. The facility will be used for product display, offices, and loading docks.
Guangdong Chuangneng Precision Machinery Co., Ltd. is building Phase II of its CNC machining center in Zhangmutou, Dongguan. The project, started in late 2022, is topped out and expected to start production in July 2024, increasing capacity by 60% to 16,000 units per year. Total investment is 100 million yuan.
Eqiom, part of CRH, announced a EUR300m investment to increase cement production capacity at its Lumbres plant in France from 0.7Mta to 1.1Mta by 2026. The project includes a new kiln to reduce emissions and fuel consumption.
DEACON-DS will build a new high-tech production complex in Pushchino, Moscow region, with an investment of about 600 million rubles. The project is expected to create 20 jobs and be completed in Q4 2026.
Technonicol plans to invest RUB 80 billion to increase capacity by launching 14 new production plants for construction materials in Russia and CIS countries by the end of 2028. Six plants are expected to start in 2024, including roofing materials near Saratov and insulation plants in Usolye-Sibirskoye, Voskresensk, Uzbekistan, and two in Kazakhstan.
Zeda Aviation is expanding its aircraft parts manufacturing capacity in Xi'an's Yanliang district with a 500 million yuan investment. The project, which started in March 2023, will produce 300,000 aircraft parts annually and create about 700 jobs. Five of eight planned buildings are already operational.
Baker Hughes inaugurated an expanded production line for centrifugal compressors at its Talamona plant in the Valtellina area of Italy. The investment will add four specialized jobs, taking the site above 300 employees.
JEAN MÜLLER is investing a further €10 million in its Eltville production site to add about 8,000 square metres of production space, modernize logistics and buy new machines. Construction began in early 2024 and completion is planned for autumn 2024.
Press Glass will break ground in Q2 2024 on a $155.2 million, 360,000-square-foot expansion of its Ridgeway plant in Henry County, Virginia. The project is expected to create 335 jobs and include automation upgrades.
Chemplast Sanmar Ltd. commenced commercial production at its new 41,000 tonnes per annum paste PVC resin facility in Cuddalore, India, with an investment of ₹360 crore. The expansion increases total paste PVC capacity to about 110,000 TPA.
Cooper Corporation inaugurated two new units in Satara, Maharashtra: a foundry expansion at K10-MIDC with 3,500 tons/month capacity, and an aluminum high-pressure die casting unit at E1-MIDC with 500 tons/month capacity. Combined, the facilities will employ over 250 people.
Innova Engineered Plastics is redesigning its facility, investing in two new 8'x5' thermoformers and a CNC router, and adding paint booths and silk-screening capabilities. The project is slated for completion by end of May 2024.
Zafron Foods, a mayonnaise and sauce producer, took delivery of a new side feed shrink wrapping line from Yorkshire Packaging Systems (YPS) to increase output after winning a new contract with a national wholesale operation. The line was delivered on 28 February 2024.
Planatome, a medical device company, announced plans to develop a manufacturing plant in the greater Phoenix area and double its workforce over five years. The Arizona Commerce Authority is supporting the expansion.
Cast Products Inc. is planning a $6.7 million expansion that will add 30,000 square feet and an automated aluminum foundry to its facility in Athens, Alabama. The expansion will add 14 jobs.
Modern Dispersions completed and commissioned the first phase of a manufacturing expansion at its new site in Fitzgerald, Georgia, adding 100 million lbs/year of masterbatch capacity. A second phase of similar capacity is under construction, slated for start-up in 2026.
Schaeffler announced further expansion of its existing plant in Wooster, Ohio, which specializes in electric transmission systems and serves as an innovation centre for electric vehicles. Part of $230 million investment in Ohio by 2032.
Severstal Steel Solutions has begun construction of a new production complex in Oryol, Russia, as part of a modernization project worth over 3 billion rubles. The new facility will expand total floor space to 50,000 m² and triple production capacity to 48,000 tonnes per year.
Biomedical, a subsidiary of dsm-firmenich, has made a significant investment in a new facility at 400 Devon Park Drive in Pennsylvania to expand its Specialized Biomaterials Manufacturing capacity for the medical device and pharmaceutical industries.
Cadrex Manufacturing Solutions expanded its metal processing center in Juárez, Nuevo León, Mexico, by 14,000 square meters (58% increase) to 38,000 square meters. The expansion adds sheet metal fabrication, stamping, welding, and plastic injection molding capabilities.
Liebherr-Aerospace is building a new 12,000 m² heat exchanger production building next to its Campsas site in Tarn-et-Garonne, with an investment of nearly €30 million. The building is due to be completed at the end of Q1 2025 and fully operational in mid-2026.
Paradigm Building Solutions Ltd. announced on February 26, 2024, the acquisition of additional land in the Louis Creek Industrial Park in Barriere to expand its manufacturing capacities. The expansion will add new manufacturing space, a warehouse, and a new corporate headquarters, creating 35 new jobs.
Mitsui Chemicals announced a 20% capacity increase at its meta-Xylylene Diisocyanate (XDI) plant in Omuta, Japan, to meet growing demand for hardeners in coatings and other applications. Construction starts February 2024, ends July 2025, with operational launch in September 2025.
Rich Products will invest $27 million to expand its Morristown, Tennessee manufacturing facility, adding 2,400 square feet and creating 51 new jobs. The expansion supports enhanced production of its bakery business.
Kardex Mlog built a new logistics center for RHW Logistik GmbH in Krefeld, Germany, including a 42m high automated high-bay warehouse with 5 aisles. The investment was over EUR 40 million, adding around 30,000 pallet spaces.
POSCO INTERNATIONAL approved construction of a second traction motor core plant in Ramos Arizpe, Mexico, next to Plant 1. Construction starts May 2024, completion by March 2025.
N3 Engine Overhaul Services, a joint venture between Lufthansa Technik and Rolls-Royce, began a €150 million expansion at its Erfurter Kreuz facility, including a new cleaning line, production hall extension, and logistics building.
Caterpillar plans a $725 million expansion and retooling at its Lafayette Large Engine Center, including a 325,000-square-foot addition and $625 million in machinery and equipment, to support growth in energy and transportation sectors.
Engineered Systems has installed two new production lines at a new facility in Duncan, South Carolina, using R&M Spacemaster SX crane kits. The lines will be used exclusively to make profile cranes.
Zhuhai Zhanchen New Materials Co., Ltd. plans to invest CNY 103.36 million to build a new 30,000-tonne-per-year adhesive production facility, to be built in two phases. The project will produce PUR hot melt adhesives, EVA hot melt adhesives, and water-based adhesives.
SCG Group's Long Son Petrochemical Complex (LSP), Vietnam's first integrated petrochemical complex with a total investment of over $5 billion, has started commercial operation. The complex aims to produce 1.35 million tons of olefins and 1.4 million tons of polyolefins annually for the global market.
POSCO Future M held a groundbreaking ceremony for new NCA cathode material production facilities in Gwangyang, South Korea, with an investment of 683.4 billion won ($514.2 million). The facilities will have an annual capacity of 52,500 tons and are expected to be completed by April 2025.
LANXESS expanded its distribution partnerships for industrial preservatives in North America, including three distributors, enlarging their portfolios into the CASE and building materials markets. The expansion was announced on February 22, 2024.