A South Korean company plans to build a $72 million factory in West Point, Georgia, to make parts for electric vehicles, hiring more than 140 people.
Harmac Medical Products announced it has built a second 106,000-square-foot facility in Tijuana, Mexico, tripling its manufacturing space. The plant is expected to be operational by mid-2024.
Xaloy, LLC announced plans to establish a new R&D Center in Austintown, Ohio, to expand production capacity and increase efficiency for polymer processing. The project is supported by a JobsOhio R&D Center Grant.
Etex Romania Building Performance is investing 28 million euros in a new plasterboard factory near Bucharest, expected to be operational in 2025, creating 80 jobs.
Aisan Industry Co., Ltd. will construct a new press plant within its Anjo factory premises in Aichi Prefecture, Japan, to manufacture aluminum cases and covers for lithium-ion batteries used in electric vehicles. The plant will cost approximately JPY 2.5 billion (building investment only) and is scheduled to start operations in April 2025, with sales expected to reach JPY 4 billion in fiscal 2026.
Daesol Ausys Georgia will establish a new manufacturing facility in West Point, Georgia, creating over 140 jobs and investing $72 million. The facility will produce luggage boards and covers, with operations expected to begin in December 2024.
Axium Packaging is constructing a new manufacturing facility in Brampton, Ontario, investing over CAD 80 million and employing 250 people. The site is expected to open in July 2024.
Safran and local partners have laid the first stone for a new compressor blade manufacturing facility in Marchin, Belgium, with a €50 million investment, supporting Leap turbofan production ramp-up.
LG Chem plans to invest 124.6 billion won ($94.5 million) to build a new facility in Cheongju, South Korea, with an annual capacity of 400,000 reverse osmosis membranes, aiming to double its water treatment business in five years.
Safran Aero Boosters held the laying of the first stone for the new Safran Blades plant in Marchin, Belgium, representing an investment of €50 million. The plant will produce 2,000 compressor blades per day and is scheduled to become operational in 2025.
Egyptian Electrical Industries (EEI) has begun construction of a new transformer manufacturing plant in 10th of Ramadan City, Egypt, with an investment of $80 million. Production is expected to start in 2024 with an annual capacity of 6,000 transformers.
The Council for the Development of Cambodia approved a $258 million project by Conch KT Cement (Phnom Penh) Company Limited to build a new cement factory in Kampong Speu province. The factory will have an annual capacity of 2 million tonnes and create 470 jobs.
Nuvoco Vistas Corp. inaugurated two new ready-mix concrete plants in Kharadi (Pune) and Kandivali (Mumbai), India.
BDR Thermea's Remeha opened a heat pump factory in the Netherlands with a line capacity of 140,000 Elga Ace hybrid heat pumps per year. The opening was attended by acting ministers Hugo de Jonge and Rob Jetten.
Kureha plans to build a new polyvinylidene fluoride (PVDF) plant in Fukushima, Japan, with 8,000 metric tons per year capacity, costing nearly $500 million, to be completed in 2026.
Glavstok, part of the Poliplastik Group, opened a new plant in Kirishi, Leningrad Oblast, to produce water treatment and sludge processing equipment, with an annual capacity of 400 tons and up to 100 units of large equipment per year.
Guenther Bakeries started operations at its new 106,000 sq ft production site in Coventry, UK, built with a £38 million investment. The facility began producing goods on August 10, 2023, with a high-speed bun line capable of over 70,000 goods per hour.
Atlas Copco has started construction of a new manufacturing plant in Talegaon, Pune, India, to make air and gas compressor systems for local and export markets. The investment is about INR 1,400 million and the plant is planned for completion by Q2 2024.
Zeeco (China) Engineering Equipment Co., Ltd., a subsidiary of US-based ZEECO, held a groundbreaking ceremony for a burner integration project in Shanghai's High-Tech Industrial Development Zone. The project, with a total investment of about CNY 530 million (approx. USD 73 million), includes a production workshop and R&D testing center, with an annual capacity of 10,000 sets of environmental burners.
Timilon Corporation announced the opening of its third US-based production facility to support production of EnviroKlenz air purifiers. The facility will start operations in the upcoming week.
Robust UK is relocating to a new £6 million production facility in Lymedale Business Park, Newcastle-under-Lyme, Staffordshire, with new machinery installation underway. The company employs 150 staff and aims to grow by 50% by 2030.
Zoetis opened a new 78,000-square-foot building in Durham, N.C., dedicated to diagnostics and biodevices R&D. The facility includes 23,000 square feet of lab space and will serve as the hub for engineering and diagnostics work.
Henan Yubian Electric Co., Ltd. held a groundbreaking ceremony on 23 August 2023 for a new plant in Huixian Economic and Technological Development Zone, with an annual capacity of 20,000 energy-saving power transformers and a total investment of RMB 250 million.
Levima New Materials Technology and Wison (China) Investment formed a joint venture, Levima Wison (Jiangsu) New Materials, to build a 300,000 tons/year polyolefin elastomer (POE) project in Taixing, Jiangsu. The total investment is 5.2 billion yuan, with a first phase of 100,000 t/yr and second phase of 200,000 t/yr.
PT Sharp Electronics Indonesia has completed construction of a new air conditioner factory in Karawang, West Java, with an investment of IDR 582 billion. The plant has an initial capacity of 900,000 units per year, planned to increase to 1.2 million units annually.
Mitsubishi Logisnext Americas broke ground on a 73,000-square-foot electric forklift production facility in Houston, Texas, to increase manufacturing capacity for electric lift trucks and warehouse products.
Novelis is building a $2.5 billion aluminum mill in Baldwin County, Alabama, with an initial capacity of 600 kilotonnes of finished aluminum goods per year. The facility will employ 1,000 people and is scheduled for commissioning in mid-2025.
BAE Systems Australia will build a stealth coating factory at Williamtown Airport, New South Wales, costing over AUD 100 million (USD 64 million). The facility will produce, apply and maintain F-35 stealth coatings, creating 25 jobs and serving as a regional hub for the Indo-Pacific.
Lianhe New Material (Lianhong Xinke) and Huison (China) Investment (Huison Zhongtou) formed a joint venture, Lianhong Huison (Jiangsu) New Material, to build a 300,000-tonne-per-year POE (polyolefin elastomer) project in two phases (100,000 t/y then 200,000 t/y) for photovoltaic film and toughening materials. The JV has registered capital of CNY 700 million; Lianhong contributes CNY 455 million (65%) and Huison CNY 245 million (35%).
Shanghai Pulit Composite Materials Co., Ltd. signed an investment cooperation agreement with Tianjin Economic-Technological Development Area to build a modified plastics manufacturing base with an annual capacity of at least 120,000 tons. Total investment is CNY 400 million. The announcement was made on 23 August 2023.
Plastic Omnium New Energies will build a 200,000-square-foot hydrogen storage systems plant in Grand Blanc Township, Michigan, with a $171.2 million investment. The facility will have a yearly production capacity of up to 100,000 high-pressure hydrogen vessels and create 175 jobs.
Riverpoint Medical opened a new manufacturing facility in Zona Franca Coyol, Alajuela, Costa Rica, with a $10 million investment. The facility spans 4,000 square meters and is expected to double the workforce to 140 employees in early 2024.
Schneider Electric has begun construction of a new smart factory in Dunavecse, Hungary, with a planned investment of €40 million. The 25,000-square-meter facility will produce power distribution switchgear and employ 500 people, with production scheduled to start in 2024.
Asahi/America opened a new 59,000-square-foot fabrication facility in Paulina, Louisiana, focused on large-scale thermoplastic pre-fabrication. Construction finished in late 2022 and the facility adds over 36,000 square feet of additional space.
Polyfit US opened a $7 million recycling plant in Mexico. The plant is operational.
Silvadec, in partnership with two Nantes-based SMEs, plans to build a new plastic recycling plant in Brittany, France. The project is part of a major investment plan to increase capacity and green its production.
Silvadec, a European leader in wood-composite decking, plans to invest €3 million to build a new 4,000 m² automated production plant in Bavaria, Germany, doubling capacity. The plant is expected to be operational by 2026-2027 and will increase staff from 15 to 30.
China's Baotou INST Magnetic plans to open a factory in Vietnam for rare earth magnet production, as part of a trend of companies shifting assembly lines to Vietnam.
South Korea's Star Group Industrial plans to open a factory in Vietnam to produce 5,000 tons of neodymium magnets per year by 2025, targeting output for 2 million electric vehicles.
SIBUR began construction of a new polypropylene production complex at its ZapSibNeftekhim site in Tobolsk, Russia. The project is estimated at RUB 195 billion, will create 370 jobs, and increase polypropylene output to 1.5 times the current capacity.
Innovation New Material Technology will invest USD 197 million to build a plant in Mexico to produce aluminum alloy materials for automobiles.
The EPCM Group launched a new cathode manufacturing and maintenance center in Ahmedabad, India, with production starting May 2023 with 20 local employees. The inaugural project is manufacturing 81,577 copper cathodes for Kutch Copper Limited, a subsidiary of Adani Enterprises.
Jiahua, through its US subsidiary JCI Advanced Materials, is investing $20 million to build a new chemical plant in Ramos Arizpe, Coahuila, Mexico, with 8 production trains for polyether polyols, amines, PCEs, and surfactants.
Guangdong Golden Phoenix Chemical Coatings Co., Ltd. is building a new plant in Yunfu, Guangdong, with an annual capacity of 60,000 tons of synthetic resins, coatings, inks, adhesives and thinners. Total investment is 150 million yuan ($21 million).
Moriya Transport Machinery Industry completed construction of a new Torihama Plant in Kanazawa Ward, Yokohama City, and began operations as the Torihama Product Management Center on August 21, 2023.
Qinhuangdao Zhongqing Metallurgical Valve Co. is finishing its Zhongqing industrial park in Lulong county, with a total investment of RMB 455 million, capacity of 40,000 tons of valves a year and expected output value of RMB 1 billion. Offices are due to be finished in late September and production lines in October 2023.
Guyana Water Inc is constructing a $1.2 billion water treatment plant at Onderneeming, Essequibo Coast, Guyana, with a capacity of 10 million litres per day, expected to be completed in April 2024, serving over 5,000 residents.
Ethiopian Airlines Group signed an MoU to build an aircraft component manufacturing plant at Kilinto Industrial Park in Addis Ababa, in a joint venture with Boeing. The $15 million facility will manufacture aerospace internal parts and create over 300 jobs.
Hessen Refrigeration plans to build a new production facility for cooling and air-conditioning equipment in Stara Pazova, Serbia. The factory will include a 1,000 m² production hall and a 1,500 m² warehouse.
Paramount New Materials will invest $200 million to build a new aluminum processing facility in the Alianza Industrial Park in Derramadero, Coahuila, Mexico, creating 1,225 jobs. Operations are expected to start in December 2024.