Satellite Chemical and SK Zhixin (a wholly owned enterprise of SK Group) formed a joint venture, Sino-Korean Kerui New Materials (Jiangsu) Co., Ltd., to build Asia's first EAA (ethylene-acrylic polymer) unit in Lianyungang, China. The project has a total investment of about 1.64 billion yuan, a production scale of 40,000 tons/year, and is planned to start piling in June 2023 and put into production in 2025.
Block-Lite, a family-owned masonry business, announced plans to produce concrete using CarbonBuilt's alternative-cement process and Aircapture's CO2 removal technology. The partners received a $150,000 grant from the 4 Corners Carbon Coalition to design the facility.
Time Bicycles announced plans for the U.S.'s largest carbon fiber bicycle manufacturing facility after acquiring a 140,000-square-foot factory in Landrum, South Carolina. First products expected by end of 2023.
Swiss company Vetropack announced it will rebuild a destroyed glass bottle manufacturing facility in Gostomel, Ukraine, with production potentially resuming by the end of 2023.
SVAB, a manufacturer of joysticks and control electronics for excavators, broke ground on 25 March 2023 for a new factory in Åsbro, south of Örebro. The facility is expected to be completed in January 2024 and will double production capacity.
Pratt & Whitney, a Raytheon Technologies business, announced plans to invest $255 million through 2028 in a new 845,000-square-foot sustainment facility in Oklahoma City. The facility will serve as a hub for depot operations for all Pratt & Whitney military engines, including F-35, C-17, F-22, F-15, F-16, B-52, and E-3 AWACS.
Ansell unveiled its Go Live Ansell Kovai facility in Perundurai, Tamil Nadu, India, set up at an investment of about USD 80 million. The facility will initially focus on manufacturing surgical and life sciences products, with industrial products to follow.
Summit Materials and its subsidiary Continental Cement opened the Davenport Cement Storage Dome in Davenport, Iowa, with a storage capacity of 125,000 tons of cement. The project took approximately 18 months to complete and was finished on time and on budget.
Roach Conveyors, a material handling systems corporation, has signed off on plans for an 80,000 square foot warehouse and distribution center in Trumann, Arkansas, with expansion plans to over 160,000 square feet. The eight-figure investment is set to break ground in mid-May and be complete by summer 2024.
Takeda announced a long-term investment of approximately 100 billion yen to build a new plasma-derived therapy manufacturing facility at its Osaka plant in Juso, Japan. The facility will have a plasma processing capacity of over 2 million liters per year and is expected to start operations around 2030.
Graphic Packaging International announced a new facility in Waco, Texas, with a state-of-the-art coated recycled paperboard machine and 640,000 square feet of production and warehouse space valued at $1 billion. The company expects to create around 230 local jobs.
DIC India Limited inaugurated its new 'Optima' toluene-free liquid ink manufacturing plant in Saykha, Bharuch district, Gujarat. The plant has a capacity of over 10,000 tonnes per year in phase I, with a total investment of INR 1.1 billion, and will create over 100 jobs.
Nova Steel inaugurated its third plant in Ramos Arizpe, Coahuila, Mexico, with an investment of $37 million. The facility manufactures tubular products for the automotive industry, creates 70 jobs, and has 16,000 square meters of production space. The company also announced plans for a technology development center within a year to 18 months.
Schneider Electric broke ground on a new €40 million smart factory in Dunavecse, Hungary, spanning 25,000 m² and employing 500 people. Production of switchgears and components is expected to start in 2024.
Hexatronic, through its subsidiary Blue Diamond Industries, will establish a new HDPE conduit production facility in Ogden, Utah, with a $30 million investment. Production is expected to start in Q2 2024.
Anupam Rasayan signed an MoU with the Government of Gujarat to invest Rs 670 crore in setting up three new plants in Surat and Bharuch, Gujarat. The plants will manufacture agrochemicals, polymers, and pharma intermediates, with commencement targeted by 2025.
Chinese company Haitian Machinery will build a 250,000 m2 factory complex in Ruma, Serbia, for producing industrial injection machines, CNC cutting machines, and casting machines. The investment is USD 100 million, with planned annual production of 250 machines.
ENTEK, the only US-owned producer of wet-process lithium-ion battery separator materials, announced plans to invest $1.5 billion in a new production facility in Terre Haute, Indiana. The project will create up to 642 jobs by the end of 2027.
Vaillant Group broke ground on a new R&D and production base in Wuxi National Hi-tech District on March 21, 2023. The company will invest 1.04 billion yuan ($151.13 million) in the facility, with the first phase expected to produce 1.5 million wall-hung gas boilers and components annually.
Jiangsu Rixin Medical Equipment Co., Ltd. broke ground on a new manufacturing facility for medical devices in Zhangjiagang, China, with a total investment of approximately ¥500 million. The plant will produce emergency, physiotherapy, and rescue medical equipment.
OOO Tekstil Legprom has opened a new plant in Shakhty, Russia, for the production of microfiber knitted fabric. The plant has a capacity of up to 1,800 tonnes per year, with investments of 1 billion rubles, creating 255 jobs. Test production began in December 2022.
Gruppa Poliplastik opened a new production line for PVC-O pipes at its site in Novomoskovsk, Tula Oblast, investing over 200 million rubles and creating 20 jobs. The two-line facility has a capacity of over 500 km of pipes per year.
POSCO Future M will invest 392 billion won ($300 million) to build its first NCA cathode materials plant with annual capacity of 30,000 tons in Pohang, South Korea. Construction starts in H1 2023, production from 2025.
Company Stividor will build a foundry and mechanical plant in Stupino, Moscow region, with investments of 41 million rubles. The plant is expected to start production in Q2 2025 and will process up to 100 tons of metal per year.
Vishay has begun construction of a new chip factory in Itzehoe, Germany, with an investment of USD 400 million. The factory will produce 300-millimetre wafers, create 150 new jobs, and is expected to double production from 2025, with first deliveries from early 2026.
LGMG's new $140 million manufacturing plant in Monterrey, Mexico will begin producing boom and scissor lifts in the second half of 2023, starting with scissor lifts from 19 to 26 feet and 60- to 80-foot boom lifts.
Tokyo Electron announced plans to construct the Tohoku Production and Logistics Center at its Tohoku Office in Iwate Prefecture, with a total floor area of approx. 57,000 m² and construction cost of approx. 22 billion yen, to manufacture thermal processing and single-wafer deposition systems.
Truetzschler inaugurated and began production at a new highly-automated factory in Pinghu Economic Development Zone, Jiaxing, China, to build complete spunlace and thermobonding lines. The company is also planning a second phase expansion.
Tex-Tech Industries will establish a 170,000-square-foot production facility in Winston-Salem, North Carolina, investing $24.8 million and creating 49 jobs over five years.
Clayco, JB2 Partners and ElmTree Funds broke ground on WestRock's new 410,000-square-foot corrugated box plant in Longview, Washington. Production is due to begin in fall 2023 and create about 40 jobs.
Aptiv officially launched its new production plant in Oujda, Morocco, on March 18, 2023. The factory required an investment of 394 million dirhams and will create over 3,000 direct jobs.
Haier Smart Home held a groundbreaking ceremony for its Egypt Ecological Park in the 10th of Ramadan City, with a total investment of $160 million. The first phase will produce air conditioners, washing machines, and TVs, with operations expected to start in the first half of 2024.
Calcom Cement India Ltd, a subsidiary of Dalmia Cement, plans to establish a clinkerization plant at 19 Kilo, Umrangso, Dima Hasao, Assam. The plant will have a capacity of 3.63 million tons per annum.
Blue Star Ltd acquired a 40-acre land parcel at Sri City, Andhra Pradesh, to set up a commercial air-conditioning systems manufacturing plant with an investment of ₹500 crore. Commercial production is expected to begin in FY25.
Mitsubishi Electric will invest 100 billion yen to build a new power semiconductor factory in Kikuchi, Kumamoto Prefecture, Japan. Production is scheduled to start in April 2026.
Zhejiang Feidali'en Precision Manufacturing signed an agreement with Anyang High-tech Zone to invest 500 million yuan in a new facility producing 1,000 medium-to-high-end CNC machine tools and 2 million sets of high-precision transmission parts for new energy vehicles annually.
Italy-based Fassa Bortolo announced plans to invest €90 million to build a gypsum wallboard plant in Tarancón, Cuenca, Castile-La Mancha, Spain, creating 200 jobs.
The Office de Développement du Nord-Ouest and a cable manufacturing company in Jendouba announced the creation of a second cable factory in the El Irtiah2 industrial zone. The new plant is expected to create 3,000 to 4,000 jobs over five years.
Aquaflow, Veolia's technology center for pulp and paper effluent treatment, is currently building a new wastewater treatment plant at Metsä Fibre's Kemi Bioproduct Mill in Finland. The project was reported as underway on March 17, 2023.
Jungheinrich set up a new integrated facility in Bhiwandi, Maharashtra, India, with an investment of Rs 24 crore ($2.9M). The facility will expand capacity for forklift trucks and warehouse equipment, and the company plans to introduce automated guided vehicles.
Haitian Precision Machinery Mexico announced a $55 million investment to build a new plant in Guadalajara, Jalisco, Mexico, to manufacture CNC machines, molds, and dies for aerospace, medical, automotive, and general machining industries. Construction will start within three months and operations in one year.
Opal Packaging is building a A$140 million corrugated cardboard packaging facility in Wodonga, Victoria, with capacity of about 400 tonnes of finished boxes per day, due to be operational in October 2023.
Envirogen Group completed a new activated carbon water treatment plant for drinks company Vrumona in the Netherlands, ensuring continuous water supply to Vrumona's production line.
Södra inaugurated a new cross-laminated timber (CLT) facility in Värö, Sweden, one of the largest in the country, increasing production capacity tenfold. The plant can supply framing materials for over 4,000 homes per year and created 90 new jobs.
ABB's transformer intelligent manufacturing base relocation project in Chongqing Liangjiang New Area has been completed. The facility, with an annual production capacity exceeding 50,000 MVA, is expected to begin production in 2023.
FrieslandCampina Ingredients opened a new lactoferrin production facility in Veghel, Netherlands, increasing capacity from 20 to 80 metric tonnes per year. The facility runs on 100% green electricity and uses new machinery for quality and sustainability.
Dräxlmaier inaugurated a new production unit in Jemmel, Tunisia, specializing in electronic devices for electric cars. The investment is EUR 100 million, and it is expected to create 3,000 jobs.
Dräxlmaier laid the foundation stone for a research, innovation and technological development center called 'Sousse Hub' in Novation City, Sousse, Tunisia. The investment is around EUR 45 million, and the center is expected to create 1,000 jobs and become operational by 2025.
DCW, a fluoropolymer products provider, is relocating its production facility to a new state-of-the-art plant in Huizhou Meilonghu Industrial Park, set to begin operations in May 2023, with a 129,166 sqft manufacturing site.
The Federal Metal Company is building a new manufacturing facility in North Little Rock, Arkansas, to recycle post-consumer aluminum copper radiators, investing $17.8 million and creating 40 jobs.