Tasnee (National Industrialization Company) selected South Korean contractor SGC eTEC to expand ethylene capacity at its SEPC joint venture in Jubail, Saudi Arabia. The $500 million project is expected to start in Q1 2024 and complete in H1 2026, increasing ethylene capacity by about 18%.
FEDCO announced a multi-million-dollar investment to increase manufacturing capacity at its Monroe, Michigan facility. Six new CNC machines will be commissioned in Q1 2024, doubling production capacity on core products.
Wieland announced a $500 million capital investment to re-equip, expand, and modernize its copper and copper alloy facility in East Alton, Illinois. The project includes a new hot rolling mill to increase production of components for EVs, EV charging infrastructure, and renewable energy.
Antunes Nadi Manufacturing India, a joint venture between Antunes and NADI group, has set up a new 40,000 sq ft manufacturing unit in Chennai with an investment of over ₹4.5 crore. The expansion supports production for India and exports to Africa and the Middle East.
Johnson Controls plans to expand heat-pump manufacturing at three U.S. plants with more than $33 million in federal funding plus matching funds, pushing output above 200,000 units a year and creating close to 1,000 jobs. Final contracts with the Department of Energy were not yet signed.
Voith has started up the rebuilt PM 2 paper machine at Schumacher Packaging's Myszków mill in Poland, doubling lightweight containerboard capacity from 500 to 1,000 tons per day.
ADL, the Moscow Oblast government and the Russian Ministry of Industry and Trade signed a special investment contract to build a fourth workshop at ADL's plant in Kolomna. The 750 million ruble project will create 80 jobs and is due by the end of 2024.
Établissements Edmond, a French packaging and POSM manufacturer, is doubling its floor space in Burgundy to increase production capacity. The factory opened in 2022 and will add new employees and machines in 2024.
Yura EVC, a South Korean automotive electronics manufacturer, will invest US$46.2 million to expand its plant in Torreon, Coahuila, creating over 1,000 jobs. The expansion has been in development since January 2023.
Solenis will invest $193 million to expand its operation in Suffolk, Virginia, building a new 80,000-sq-ft production facility, packaging facility, tank farm, and rail spur for polyvinylamine polymer products. The expansion will create 34 jobs.
Palintest has made a major investment in its manufacturing facilities in Gateshead, UK, including increasing production lines from one to three, installing new tablet machines, and investing £500,000 in a new automated liquid product line and £500,000 in a new air handling unit.
Vertiv announced plans to double its global manufacturing capacity for switchgear, busway and integrated modular solutions by end of 2025, adding over 1,000 production jobs since 2021. The expansion supports demand for data center power infrastructure.
Dongsung Hitech is investing KRW 25 billion to expand its cryogenic insulation production lines at its Anseong plant in South Korea. The expansion will increase production capacity by 50%, enabling annual output for 30 LNG carriers of 174,000 m³ class.
Hexagon Purus expanded its primary manufacturing facility in Weeze, Germany from 11,000 m² to 16,000 m² for hydrogen infrastructure products. The expansion approximately doubles annual production capacity of type 4 high-pressure hydrogen storage solutions.
Crown Cement will start commercial operation of a new production facility in Munshiganj, Bangladesh, adding 8,000 tonnes per day capacity, with an investment of over Tk 700 crore.
Jabil added a third plant in Chihuahua, Mexico, expanding its center of excellence for retail and warehouse automation solutions, adding over one million square feet of production capacity.
HNSM Aramid Technology Corporation announced plans to build a high-performance para-aramid fiber project with an annual output of 2,800 tons, with a total investment of 786 million yuan and a construction period of 30 months.
Kobe Steel will invest 20 billion yen to add a new production line at the Moka aluminum smelter north of Tokyo to produce automotive panel materials, increasing annual capacity by 100,000 tons.
GE Aviation announced an additional $105 million investment in its ceramic matrix composite plant in Asheville, North Carolina, adding 131 jobs. The company will also add 15 jobs at its West Jefferson facility.
Royal DSM Group plans to increase global production capacity of Dyneema ultra-high molecular weight polyethylene fibers and unidirectional laminates, installing new UD technology at plants in Heerlen, Netherlands and Greenville, North Carolina, boosting global UD output by over 20%.
GE Aviation plans to invest $50 million to expand its additive manufacturing business at its Auburn, Alabama plant, adding 60 jobs and installing new 3D printing machines to mass-produce a second aircraft engine component, the bracket for the GEnx-2B engine.
SABIC announced plans to increase production capacity of NORYL SA9000 specialty resins in Asia to support demand for high-performance PCBs for 5G base stations and high-speed servers. The expansion is expected to be completed by end of 2020, doubling capacity in Asia and increasing total capacity 10 times compared to 2018.
Kobe Steel's subsidiary Kobelco Aluminum Products and Extrusion plans to spend $42 million to expand its auto parts factory, adding a new melting furnace, extruder, and manufacturing equipment. The expansion will create 90 new jobs, with production expansion starting in the first half of 2020. The plant produces aluminum bumpers and subframe materials.
SHHF Microfiber Technology Group announced a non-public offering expected to raise over 1.38 billion yuan for the 'Jiangsu Superfiber Project' with an annual output of 50 million meters of non-woven fabrics for industrial use. After production, the company will have a total capacity of over 150 million meters per year of superfiber materials.
LG Chem will invest $100 million to double annual ABS capacity at its Huizhou, China plant from 150,000 to 300,000 tons. Construction is planned to be completed by the end of 2025.
Covestro broke ground on a new €100 million polycarbonate film production line in Rayong, Thailand, to strengthen cooperation with Asia Pacific customers.
Lenzing plans to invest more than €1 billion to expand Lyocell fiber production, starting with a €400 million plant in Thailand expected to produce 100,000 tons annually by end of 2021.
Wacker Chemie AG is investing approximately $100 million to build a VAE copolymer emulsion reactor and a VAE redispersible latex powder spray drying facility at its Nanjing production base, more than doubling polymer production capacity. The new equipment is scheduled to start operations in the second half of 2022.
Chemplast Sanmar Ltd. plans to invest ₹1,007 crore to add capacity at its factories in Cuddalore and Berigai, Tamil Nadu, over the next four years, creating about 600 jobs.
Komatsu (Changzhou) Construction Machinery Co., Ltd. officially started production at its third factory (foundry workshop) on January 12, 2024, with a total investment of approximately 230 million yuan, producing cast iron products for construction machinery with an annual design capacity of 22,000 tons and annual output value of about 300 million yuan.
EuroGroup Laminations will invest €50 million to expand its production capacity in Mexico to serve the automotive industry.
Al-Douh Iraqi Company for Cement Industries plans to expand its Al Douh cement plant's capacity by 58% to 3 Mt/yr, including a new kiln, gas-fired captive power plant, and waste heat recovery plant. The IFC has provided a $130 million loan for the project, which is expected to create 2,700 jobs.
Parker Freeze Dry, a division of ProForm Fabrication, has moved into a new 130,000-square-foot facility in Beresford, South Dakota, equipped with state-of-the-art equipment to expand freeze dryer production capabilities.
Belden Inc. held a groundbreaking ceremony for Phase 2 expansion of its Chakan, Pune plant in India, adding 19,000 sq.m and investing approximately USD 40 million. The expansion will produce Ethernet switches, firewalls, and connectivity solutions.
Changgao Electric (002452.SZ) announced a CNY 270 million investment to upgrade and expand its Wangcheng production base in Hunan, China, with a 36-month construction period.
Neway CNC Equipment started construction of its Phase 4 factory in Suzhou, China, with an investment of CNY 750 million. The project is expected to increase annual output value to CNY 3.5 billion.
OOO Kotovsky Nonwovens Factory (KZNM) in Tambov Oblast plans to double its production of synthetic padding (sintepon) from 26 to 50 million linear meters per year. The investment of nearly 141 million rubles includes a 91 million ruble concessional loan from VEB.RF, and will create 25 new jobs.
Smith-Midland Corporation has commenced construction to double the size of its Reidsville, North Carolina plant, investing almost $2 million to expand the facility to 30,000 square feet and add a 20-ton crane.
Amino North America Corp. received a $2 million investment from the Government of Canada to expand its facility by 42,000 sq. ft. and add a new automotive parts manufacturing line, including battery compartments for the EV market. The project will create and maintain 45 jobs.
SurAgro is building a new 525 m² industrial hall at its factory in Río Tercero, Córdoba, Argentina, to reorganize production and manufacture new agricultural parts. Completion is expected by late February or early March 2024.
Baoding Jindi Machinery Co., Ltd. announced plans to expand its rebar joint coupler factory in Baoding, China, adding new production lines and warehouse space to increase production capacity.
Yuzhny Zavod Tyazhelogo Stankostroeniya (YuZTS) launched production of new five-axis machining centers in Krasnodar, Russia, doubling output to 20 units per year. Investment exceeded 627 million rubles, with 500 million rubles from the Federal Industrial Development Fund.
ulrich medical expanded its production facilities at its Ulm, Germany site with an investment of €5 million, adding state-of-the-art manufacturing technology and creating 23 new jobs from October 2022 to October 2023.
GKN Aerospace announced on January 10, 2024, it will invest $64 million to create an additive manufacturing production facility at its location in Trollhättan, Sweden, to make engine components. The expansion is expected to create 150 new jobs, with up to 1,000 jobs over five years.
Lödige Industries completed the expansion of its manufacturing site in Brasov, Romania, adding more than 8,000 square metres of factory space and growing the local team to around 130 employees.
Trane opened a third facility in Grand Rapids, Michigan, to produce air-cooled chillers for data center and high-tech markets, nearly quadrupling its commercial production space in the region and creating about 50 jobs.
Yura Corporation is exploring expansion in Tunisia with a new cable production unit for the automotive industry, covering 13,000 m² and employing 2,000 to 6,000 people.
Arrotek opened two new cleanrooms (ISO Class 7 and ISO Class 6) at its medical device design and manufacturing facility in North Attleboro, Massachusetts, to expand capacity and meet customer demand.
HANZA AB is investing SEK 75 million to build a new factory section of 8,800 square meters in Töcksfors, Sweden, expanding its existing production facility. The new facility will provide new areas for assembly, with occupation planned for the turn of the year 2024/2025.
A German drug packaging and medical device manufacturer is investing $88 million to build a new assembly plant in Peachtree City, Georgia, and hire more than 200 new employees.