Finolex Cables plans to commission a new plant for specialized electrical cables at Urse in Maharashtra by March 2024. The plant will produce cables for applications requiring high thermal stability, such as solar power and automobiles.
Jiangsu Zhuosheng Environmental Technology Co., Ltd. plans to build a 31-mu smart factory in Wuxi, China, for R&D and manufacturing of water treatment equipment, with a total investment of 500 million yuan.
Fortaco Estonia is opening a new production unit in Narva's industrial park, costing €16 million and partly supported by the EU Just Transition Fund. The plant may create up to 150 jobs and is expected to start production in the second half of 2024.
Canadian company Neo Performance Materials is building a permanent magnet factory in Narva, Estonia, the first of its kind in Europe. Initial capacity is 2,000 tonnes of magnetic blocks per year, with potential expansion to over 5,000 tonnes and total investment of €250 million.
Bayer inaugurated a new production facility for innovative parenteral products at its pharmaceutical headquarters in Berlin, Germany, on November 23, 2023. The facility features state-of-the-art technology including a robot-controlled aseptic filling system.
NHK Spring will invest approximately JPY 10 billion to build a new plant adjacent to its Komagane factory in Nagano Prefecture, Japan, to increase production capacity for metal parts used in electric vehicle components. Construction is scheduled to start in October 2024 and operations in May 2026.
Vynova officially opened a new demineralized water plant in Tessenderlo, Belgium, with an investment of EUR 8 million. The plant has a capacity of 2.1 million cubic meters per year and replaces an older facility, reducing groundwater consumption.
Daikin Air-conditioning India Pvt. Ltd. inaugurated a new greenfield manufacturing plant in Sri City, India, to enhance production capabilities for energy-efficient HVAC solutions.
Turkey's Sahterm plans to build a plant in North Macedonia with an investment of 70 million euros.
Tess Agro PLC launched Agro Tin Tech, a can manufacturing plant at its factory in Kelaniya with capacity of 80,000 cans per day. The initial machinery and equipment investment is Rs. 79.2 million.
LAPP opened its second plant in China in Lingang Diamond Park near Shanghai on 22 November 2023, marking 20 years of LAPP in China. The plant will expand production capacity for cable and connection technology and serve as a research and development centre.
CITIC Dicastal Group inaugurated its third factory in Kenitra, Morocco, named DMC – Dika Morocco Castings, with an investment of €180 million. The 20,000 m² plant has an annual capacity of 5 million aluminum cast parts for powertrains and chassis, creating 1,000 jobs.
Glazerite UK Group opened a 30,000 sq. ft manufacturing facility in Barnsley, Yorkshire, focused on producing Deceuninck 2500 and 2800 profile systems, with capacity to produce over 1,000 frames per week. Manufacturing begins in early 2024.
STAN, a machine tool holding under Rostec, will open a new plant for CNC grinding machines in the Lipetsk special economic zone. The facility will produce 57 machines in 2024, with full capacity of 160 units per year by 2030, and total investment over 300 million rubles.
Dedienne Aerospace inaugurated a new factory in Shanghai, China, on November 21, 2023, to manufacture new-generation aeroengine brackets for the COMAC C919 jet. The plant is expected to produce 100 brackets annually for the next three years, all for the Chinese market.
Machinery manufacturer Norwalt opened a new facility in Tampa, increasing floorspace by 25% with room for adjacent buildouts.
Toyota Kirloskar Motor announced plans to invest INR 3,300 crore to set up a third plant at Bidadi, Karnataka, with annual capacity of 100,000 units, starting production by 2026, creating 2,000 jobs.
Covestro announced it will begin supplying low-carbon footprint waterborne polyurethane dispersions (PUD) from its Shanghai integrated base in the first quarter of 2024. The products use alternative raw materials derived from biowaste and residues, allocated via a mass balance approach certified by ISCC PLUS.
Qemtex Powder Coatings has commenced construction of a new powder coatings plant in the UAQ Free Trade Zone, Umm Al Quwain, UAE. The facility is expected to become operational by June 2024 with an initial capacity of 4,000 tons per year, expanding to 10,000 tons annually within three years, with total investment exceeding 60 million dirhams ($16 million).
A new $80 million cardboard box plant at the former Longview Fibre pulp and paper mill site in Longview, Washington is scheduled to open within weeks, owned by WestRock.
Haver & Boecker and IBAU HAMBURG have successfully commissioned the world's largest multi-compartment cement silo.
Chinese manufacturer RIIFO announced a partnership with Ethiopian EZM Trade and Investment to set up a $14.5 million plumbing manufacturing plant in Adama Industrial Park, Ethiopia, producing PPR, HDPE, PVC pipes and fittings, with construction taking about six months.
ABB inaugurated a new high-voltage gas-insulated switchgear (GIS) manufacturing facility in Tangerang, Indonesia. The 1,000-square-meter unit is part of a $30 million investment plan and will produce 170 kV GIS.
Jiangsu Weiming New Materials Co., Ltd. signed a contract on November 18, 2023, to invest 10.8 billion yuan in a nylon new materials project in Rudong, Jiangsu. The project will produce 200,000 tons/year of nylon 6, 60,000 tons/year of nylon 66, and 10,000 tons/year of nylon 666, among other products, in two phases.
Wuxi Scol Automatic Control Equipment Co., Ltd. held a groundbreaking ceremony on November 18, 2023 for a new factory on a 30-mu site. The company plans to invest 110 million CNY in the project, with operations expected to start in October 2024.
Rajshree Fabrics intends to establish a new non-woven fabrics project in Rampur, Sirmaur, Himachal Pradesh, with a total cost of Rs. 27 crores, expected to create 100 jobs and be completed by 2026.
NHK Spring Co. announced plans to invest approximately ¥7.5 billion to construct a new plant in Mexico to increase production capacity of motor cores.
MJ Sections officially opened a new factory in Halesowen, West Midlands, with an investment of around £9 million. The facility increases heat treatment capacity by 100% and capacity for larger components by 30%.
GKN Aerospace plans to build a new demonstration facility in Trollhättan, Sweden, with an investment of over SEK 400 million next year.
Eli Lilly announced plans to construct a new $2.5 billion high-tech manufacturing site in Alzey, Rhineland-Palatinate, Germany, for injectable products. The site is expected to be operational beginning in 2027 and will employ up to 1,000 workers.
Jabil inaugurated its third manufacturing plant in Chihuahua, Mexico, a 250,000 sq ft facility in the Chihuahua 2000 Industrial Park with a $50 million investment, expected to generate 2,000 jobs.
Smurfit Kappa is establishing its first South Carolina operation in Anderson County with a $68 million investment that will create 200 jobs. The company expects to acquire a 259,000-square-foot facility at 1105 Scotts Bridge Road.
AkzoNobel announced a €32 million investment to build a metal packaging coatings factory in Vilafranca del Penedès, Barcelona, creating 40 jobs. Operations are scheduled to begin by mid-2025, and the cornerstone has been laid.
Vitesco Technologies opened a new manufacturing space in Icheon, South Korea, with capacity to produce over 200,000 EMR4 electric axle drives per year. The facility supports a contract with Hyundai Motor Group valued at over €2 billion.
Hydro opened a new aluminium recycling plant in Cassopolis, Michigan, on November 16, 2023. The $150 million facility will produce 120,000 metric tonnes of recycled aluminium extrusion ingot annually.
Soprema has started construction of a new industrial complex in Grobbendonk, Belgium, featuring the ZLOOP bitumen recycling unit. The investment exceeds €30 million, with the ZLOOP unit co-financed 30% by the European Union. The plant will have a capacity of at least 6,000 tonnes per year.
Evonik is building a new plant for ultra-high purity colloidal silica at its site in Weston, Michigan, USA, with total capital spending of $7.9 million in 2023 and 2024. The plant is expected to come onstream in 2024 and will be the first of its kind in North America.
ReNew commissioned its first interstate transmission project, the Koppal Transmission Scheme, which includes a new 400/220 kV substation and transmission lines to transmit 1,500 MW of renewable energy in Karnataka, India.
Lindström India, a subsidiary of Finnish Lindström Oy, opened its second cleanroom facility in Hyderabad, Telangana, and relocated a larger workwear facility there. The expansion is expected to double workwear capacity in Telangana.
Purem by Eberspaecher has opened a new technology plant for exhaust systems in Xuchang, China. The 7,000-square-meter facility will produce 500,000 exhaust aftertreatment systems annually for Chinese automotive manufacturers, with a starting team of about 80 employees.
DrinkPAK, a contract beverage manufacturer, is investing more than $450 million to build two facilities in the Dallas-Fort Worth area of Texas totaling about 2.8 million square feet. The DP2 low-acid plant is expected to open in November 2024 and DP3 high-acid plant in January 2025, creating 1,000 jobs by 2026.
Opal Fibre Packaging, a Nippon Paper Group member, has officially opened its corrugated cardboard packaging facility in Wodonga, Victoria, Australia, established with a AUD 140 million investment. The site can produce up to 720,000 square meters of packaging per day.
SANY Southern Africa has begun construction of a R300 million headquarters in Boksburg, Gauteng, South Africa, which will include an assembly workshop for excavators. The ground-breaking ceremony took place on November 15, 2023, with completion expected in 11 months.
Ice Air, a provider of climate control solutions, was awarded a grant by the U.S. Department of Energy to build a new manufacturing plant in South Carolina to increase production of cold climate and geothermal heat pumps. The grant notification was received on November 15, 2023.
Andersen Corporation has begun construction on a new Renewal by Andersen manufacturing and distribution facility in Locust Grove, Georgia. The $420 million, 638,000-square-foot plant is expected to be completed in late 2024 and begin operations in 2025, employing approximately 900 people.
Boeing, the University of Sheffield AMRC, Loop Technology, and Spirit AeroSystems broke ground on the COMPASS research facility in Sheffield, UK. The £80 million project includes the IHSS project and will create around 50 jobs initially.
Stone Mountain Technologies, Inc. (SMTI) will invest $13.9 million to establish manufacturing operations in Piney Flats, Tennessee, creating 111 jobs. The plant will produce ANESI brand high-efficiency gas-fired heat pumps.
China's SND Foundry Ductile Iron Pipe Company plans to invest US$2 billion in Egypt's Suez Canal Economic Zone to build a cast iron pipe plant (Phase I, $150M, 250,000 t/yr) and a steel products plant (Phase II, $1.8B, 2M t/yr).
Northrop Grumman plans to build a $200 million advanced electronics manufacturing and testing facility in Waynesboro, Virginia, creating over 300 jobs. The 315,000-square-foot facility is slated to open in mid-2025.
Ciner Glass is building a state-of-the-art glass production facility at Kristalpark III in Lommel, Belgium, with an investment of over EUR 600 million, creating 500-550 jobs. The first furnace is expected to become operational in 2025.