Sinoma Science & Technology (002080.SZ) announced its subsidiary Taishan Glass Fiber Zoucheng will invest 1.129 billion yuan to cold-rebuild and upgrade the ZF05 fine yarn production line in Zoucheng, Shandong, to an annual capacity of 80,000 tons of alkali-free glass fiber fine yarn.
Steelbird Hi-tech India is expanding its manufacturing capacity at existing plants in Baddi, Himachal Pradesh, with a capex of Rs 105 crore. The expansion will increase production from 20,000 to 50,000 helmets per day.
FACC AG held a groundbreaking ceremony for the expansion of its Plant 6 in Jakovlje, Croatia. The company is investing €21 million to triple the production area and add an office building, with construction completion expected by June 2024 and workforce growth to 600 employees by end of 2026.
Kempower is building a new production factory in Lahti, Finland, that will double its manufacturing space and capacity, alongside in-house R&D facilities and a research centre at LUT University. The expansion supports its goal to become a €750 million company.
BBS Automation inaugurated a new facility in Suzhou Industrial Park (SIP) on October 20, 2023, integrating a digitalization research center and a medical R&D and manufacturing base. The investment exceeded RMB 100 million and is expected to increase output value by over RMB 1 billion in five years.
Novartis inaugurated a new 3,000-square-meter facility at its Ivrea site in Colleretto Giacosa, Italy, with an investment of €84 million over three years to boost production of radioligand therapies for prostate cancer. An additional €20 million was allocated for a new building for diagnostic products and R&D.
WACKER held a topping-out ceremony for a new purification line for semiconductor-grade polysilicon at its Burghausen site. The company expects to invest over €300 million, with commissioning planned for early 2025, expanding capacity by more than 50%.
Metso Outotec Machinery Heavy Industry (Suzhou) Co., Ltd. launched the second phase expansion project at its Suzhou Industrial Park facility. The 5,000-square-meter expansion is expected to double production capacity in China and be completed within one year.
CG Power and Industrial Solutions will invest about ₹347 crore to expand manufacturing capacity of instrument transformers, condenser bushings, medium voltage switchgear, GIS units at Nashik, large industrial machine units at Mandideep, and power transformers at Bhopal.
Parker Corporation Mexicana is investing $8 million to build a new plant in Aguascalientes for manufacturing air conditioning components, creating about 200 jobs. Production lines start in April 2024, with full operations in August 2024.
Nidec/SYS is investing EUR 17 million in an expansion of its site in Grafenau, Germany, for the production of high-speed presses. A groundbreaking ceremony has taken place.
Varron Autokast Limited plans to expand its existing unit in Chimnazari, Nagpur, Maharashtra, to increase production capacities for aluminum ingots, extrusion, and other products, with an estimated investment of ₹721.54 crore.
Holcim US will invest $100 million to expand its Ste. Genevieve cement plant in Missouri, increasing capacity by 15% to 4.6 Mt/yr. The expansion includes a fifth vertical roller mill and a new mineral component addition system. Construction is set to commence in 2024.
Novgorod group Powerz is completing a 120 million ruble investment project to produce large-diameter three-eccentric valves, with a workshop due by spring 2024 and up to 40 new jobs. The news was reported on 2023-10-19.
Robert Thébault, a subsidiary of Bouyer Leroux, invested EUR 5.5 million over three years at its Verneuil d'Avre et d'Iton site to double production capacity, including a new concrete plant and automated production line.
Ningbo Tuopu Group will invest $700 million to expand its plant in Salinas Victoria, Nuevo León, Mexico, creating 10,000 jobs and including a technology laboratory.
Rio Tinto plans to increase production capacity at its Gudai-Darri iron ore mine in Western Australia from 43 Mt/y to 50 Mt/y through a $70 million investment in upgrades and additional mining fleet.
EMD Electronics, the electronics business of Merck KGaA in the US and Canada, will invest roughly USD 300 million to expand its semiconductor manufacturing site in Hometown, Pennsylvania, creating the world's largest integrated specialty gases facility. The expansion is expected to create at least 68 new jobs.
Enkor completed the second phase of its electrical equipment plant in the Dubna Special Economic Zone, adding over 6,000 sq m of production space. Total investment exceeded 2 billion rubles.
GE Vernova's gas power business has begun commercial operations at the 500MW Naepo District heating plant in Naepo City, South Korea. The plant uses GE's H-Class gas combined cycle equipment to generate electricity for 125,000 homes and district heating for 100,000 people.
Youcai Environmental Protection Resources Technology Co., Ltd. plans to invest 1.288 billion yuan to build a 220,000-ton recycled colored composite functional fiber and product plant at its existing site in Wuxi, China. The project will run from 2023 to 2025.
CASE Construction Equipment's Pithampur plant celebrated the production of its 1000th crawler excavator. The plant has an annual capacity of 1500 machines and exports to over 105 countries.
Airbus broke ground on a third A320 Final Assembly Line at its Mobile, Alabama facility, a 350,000-square-foot expansion expected to be completed in Q3 2025 and create 1,000 jobs. The company has invested over $1 billion in the site.
Johnson Screens India, part of Aqseptence Group, signed an MOU with the Government of Gujarat to expand its facility in Ahmedabad. The project involves a $7 million investment and is expected to create 250 jobs.
Jackson's announced an expansion plan to nearly triple production of its kettle-cooked sweet potato chips.
Greensea IQ celebrated the 25,000 square foot expansion of its Cordage Park production facility on October 17, 2023, to manufacture navigation and robotics systems including Bayonet crawlers, EverClean robots, and OPENSEA Edge hardware.
ASG AMF Engineering announced a significant investment in an additional factory unit in Wirral, UK, including £400,000 in automated thermal spraying equipment and a £500,000 5-axis machining centre. The expansion will create new jobs and increase production capacity for components for research facilities, scientific equipment and the semiconductor industry.
Wisconsin Aluminum Foundry will build a 50,000-square-foot foundry and renovate 12,000 square feet of office space in Manitowoc, Wisconsin, supported by an $11 million New Markets Tax Credit investment from Cinnaire. The expansion will create 80 new jobs.
BAE Systems has started construction of a new 170m x 80m shipbuilding hall at its Govan shipyard in Glasgow, as part of a GBP 300 million modernisation programme for the Type 26 frigate programme.
Parker Corporation is investing $8 million to build a new plant in the Finsa industrial park in Aguascalientes, Mexico, expanding its production capacity to 1.5 million units annually and creating 200 new jobs. The plant will manufacture components for air conditioners and is expected to start operations in August 2024.
Shunbo Alloy plans to add a 100,000-tonne aluminum water production line at its Chongqing base to meet customer demand. The company also has an Anhui Phase II project with a total investment of 4 billion yuan, expected to start production in the second half of 2025.
Gunze Limited decided to invest ¥3.5 billion to construct a third medical plant and expand its R&D laboratory in Ayabe, Kyoto, Japan. The new plant will increase production of TENALEAF absorbable adhesive barrier sheets, with completion targeted for February 2025.
Falk Panel plans a $35 million investment to add 65,000 sq ft for a second insulated metal panel production line and a 24,000 sq ft metal trim shop at its Walker, Michigan factory, creating 45 jobs.
SIA (GB Glace) inaugurated a new 3,000 square meter expanded ice cream factory in Slöinge, Sweden, nearly doubling capacity from 24 to 40 million liters per year, with a total investment of just under SEK 300 million.
Veolia Group is investing nearly EUR 30 million in Phase 2 of its ultrafiltration membrane plant in Oroszlány, Hungary, installing new manufacturing technology to increase capacity by 30% and create 85 new jobs.
Synaffix plans to increase its personnel from 35 to 50 in the next year, expand its facilities, and increase manufacturing R&D capacity following its acquisition by Lonza in June 2023.
AMADA Automation Europe, a subsidiary of Japanese metalworking machinery manufacturer AMADA, is nearly doubling its production capacity at its facility near Jakobstad, Finland, creating 100 new jobs. The expansion is expected to be completed by 2024.
Eaton broke ground on a $100 million expansion of its Nacogdoches, Texas manufacturing facility, adding 200,000 square feet and 200 jobs to double production capacity of voltage regulators and three-phase transformers.
Eaton Compressor & Fabrication broke ground on a $6 million expansion project in Dayton, Ohio, which will add nearly 10,000 square feet more than originally expected.
Saica Pack signed a notarial deed with the mayor of Santa Maria Hoè to invest €33 million expanding its paper and cardboard packaging plant, with works starting within days and more jobs expected.
BASF started up an expanded ethylene oxide and derivatives complex at its Verbund site in Antwerp, Belgium. The investment exceeded €500 million and adds about 400,000 metric tons per year of production capacity, including a second world-scale ethylene oxide plant and additional alkoxylates capacity.
Al-Falah Steel and Re-Rolling Mills Limited, a subsidiary of SS Steel Limited, is expanding its production capacity from 64,800 tonnes to 216,000 tonnes MS billet annually by 2025. The company invested Tk 184.14 crore and imported a new machine with 86,400 tonnes per year capacity.
PPG's Zhangjiagang plant phase 3 has started production, with an annual capacity of 80,000 tonnes of packaging and industrial coatings. The project involved a total investment of $150 million and will bring total capacity to 145,000 tonnes of high-performance coatings and 5,000 tonnes of PVC sealant annually.
Kalow Technologies, a contract manufacturer, leased and began renovation work on an additional 30,000 square feet at 155 Seward Road in Rutland, Vermont, to meet expanding manufacturing needs and develop new engineering offices and lab space.
PRINOTH AG added two new halls with 2,300 m² of production and storage space at its Herdwangen site, more than doubling production capacity. The company also plans further investments of €15-20 million in the coming years.
OOO 'Hexa-Lotos', a subsidiary of OOO 'Hexa - nonwoven materials', launched new equipment at its facility in the Lotus SEZ in the Astrakhan region, increasing thread output by 150 tons per month and potentially doubling total production to 300 tons per month.
Covestro expanded production capacities for thermoplastic polyurethane (TPU) films at its Epurex Films subsidiary in Bomlitz, Germany, with an investment in the low double-digit million Euro range.
Calgon Carbon Corporation has completed a capacity expansion at its Pearlington, Mississippi site, adding a second virgin activated carbon production line. The expansion increases annual production capacity by 55 million pounds to over 200 million pounds and created 38 new jobs.
Clopay Corporation is expanding its manufacturing facility in Troy, Ohio, with an approximately $30 million investment, adding 100,000 square feet and at least 54 new jobs.
SEKISUI Voltek broke ground on a $39 million, 50,000-square-foot expansion at its Coldwater, Michigan, facility. The company expects to begin operation by summer 2025 and will add 20 new jobs.