A center for producing aircraft engine nacelles will be built in Voronezh, Russia, as a division of the Voronezh Aircraft Plant. The project costs 9.3 billion rubles, will create 700 jobs, and is expected to open by 2028.
Vencorex is investing in a new facility at its Freeport, Texas site to produce specialty aliphatic isocyanates. The facility is expected to become operational in the second half of 2023.
IKO announced it will construct two new manufacturing sites in Chester County, South Carolina: a fiberglass manufacturing facility and a fiberglass mat plant. The projects represent over $360 million investment and will create nearly 200 jobs, with production expected by late 2025.
ITP Aero announced a new R&D facility at its headquarters in Zamudio, Basque Country, with a €24 million investment and 120 new jobs. The centre is expected to be operational in the second half of 2024.
Czech energy group EPH, through its subsidiary EP UK Investments, secured provisional 15-year contracts to build a 1.7GW combined-cycle gas turbine power plant and a 299MW battery storage facility at the former Eggborough coal station site in East Yorkshire, UK. Total investment exceeds £1bn ($1.2bn).
Nucor Corporation announced it will build a new state-of-the-art transmission tower production plant in Decatur, Alabama, adjacent to its Nucor Steel Decatur mill. The project is expected to create 200 full-time jobs and is part of a $270 million investment for two plants.
Mott Corporation announced a new 65,000 square foot facility near its Farmington, Connecticut headquarters. It will create at least 100 local jobs, double production of its porous metal sheets for green hydrogen, and involve total investment of tens of millions of dollars.
SFT Group plans a new corrugated packaging plant in an industrial park in Takhtamukaysky district, Adygea, with capacity up to 200 million m² per year and investment up to 4 billion rubles.
SKF will invest US$68 million in a new plant in Monterrey, Nuevo Leon, to produce components for electric and commercial vehicles, creating about 1,200 jobs.
Princo LLC, a joint venture of Premier Inc., Vario Labs LLC and Caretrust LLC, will invest up to $23.8 million to establish an 80,000-square-foot manufacturing facility in Norfolk, Virginia, creating 284 jobs to produce incontinence pads.
Hydnum Steel announced plans to build a green steel production plant in Puertollano, Spain, with an initial investment of EUR 600 million. The plant will create 400 direct jobs and use renewable hydrogen.
Calbee announced plans to build a new mother factory in Hiroshima, Japan, with an investment of approximately JPY 52 billion. The plant will produce potato chips and other snacks, starting operations in December 2024.
Innopolymed Company Limited opened a non-woven fabric plant at IRPC Industrial Park in Rayong, Thailand, in late 2022. The 260-million-baht facility can produce 5,600 tonnes of non-woven fabric per year for N95 masks, gowns and PPE.
Zhongli Power (Zhejiang Zhongli Machinery Co., Ltd.) held a ceremony for the completion of Phase I and start of Phase II of its Hubei production base in Laohekou, Xiangyang, Hubei. The first electric forklift rolled off the line. Total investment is 600 million yuan, with Phase I including an annual production line for 40,000 electric forklifts.
Nishihatsu, a subsidiary of Denyo, held a groundbreaking ceremony on February 20, 2023 for a new factory in Karatsu, Saga, Japan. The plant will consolidate 10 buildings into one, increasing production capacity by 1.3 times, with completion expected in September 2024 and operation in December 2024.
The Vedanta-Foxconn joint venture finalized Dholera Special Investment Region in Gujarat, India, for their semiconductor and display manufacturing facility. The project involves an investment of Rs 1,54,000 crore and is expected to create 100,000 jobs.
Porcelanosa Group's Plant 4 began operation in early 2023, a 36,000 sqm facility in Vila-real, Spain, built with a €55 million investment. It produces 1.3 million sqm/year of large-format porcelain and sintered stone slabs under the XTONE brand, creating 125 jobs.
GCL System Integration (GCL-SI) plans to invest CNY 2 billion ($291.3 million) to build a 12 GW PV module manufacturing facility in Funing county, Jiangsu province, China. The facility is expected to start operating by end of October 2023.
Growatt inaugurated the first phase of its manufacturing plant in Haiphong, Vietnam, with an annual capacity of 500,000 inverters and 100,000 batteries.
Kindle Energy has begun construction of the 700 MW Magnolia Power Station, a combined-cycle gas power plant in Iberville Parish, Louisiana. The $750 million plant will start selling electricity in May 2025.
Webasto opened a new production plant in Guanajuato, Mexico, for wallboxes and mobile chargers for electric vehicles. The plant currently has 140 employees and three lines producing 10,000 units per week, with plans to expand to eight lines and over 20,000 units by end of 2023, and add 10,000 square meters by 2025.
Dongya Machinery (301028) broke ground on its Jaguar air compressor manufacturing project, with a planned investment of 733 million yuan and completion expected in 2025. The plant will produce air compressors, vacuum pumps and blowers.
Daifuku Company Limited has decided to set up a new production facility near Chandanvelly in Rangareddi District, Telangana, in multiple phases. The first phase, costing Rs 200 crore, will be operational in the next 18 months.
Daxin Semi started construction of a 6-inch IGBT production line in Fuling district, Chongqing City, with a RMB 2 billion ($290 million) investment. The facility will have an annual output of 1.2 million units, serving new energy vehicles, smart grids, and other sectors.
South Korea's Taekwang Industrial began construction of a 108 kt/year differential spandex project in Ningdong, Ningxia, China, with a total investment of 4.5 billion yuan. The project will be built in three phases of 36 kt/year each, with the first phase scheduled for completion in August 2024.
The 330MW ThalNova lignite-fired power plant at Thar Coal Block II in Sindh, Pakistan, achieved its commercial operations date on February 17, 2023. The plant is a joint venture among Hub Power Company, Thal Limited, Novatex Limited, China Machinery Engineering Corporation, and Descon Engineering Limited.
OOO Vezdekhody began construction of a second plant in Kurgan, Russia, to produce Burlak Arctic all-terrain vehicles. The new facility will increase production from 3 to 30 vehicles per month.
Sierra Aluminum, a division of Samuel, Son & Co., broke ground on an $85 million, 370,000+ square-foot facility in Mexicali, Baja California, Mexico. The plant will increase extrusion, anodizing, and painting capacity, creating 150 jobs in the first year and 500 by year five.
SK Geo Centric, SUEZ and Loop Industries plan to build a €450 million plastic recycling plant in Saint-Avoid, France, to produce 70,000 tons of recycled PET resin annually. Construction is expected to start in early 2025, with commissioning in 2027.
Kion subsidiary Dematic is building a smart logistics equipment factory in Laiwu District, Jinan, with a total investment of 1.17 billion yuan. Phase I investment is 600 million yuan. The factory will become the largest Dematic production plant in Asia, producing automated logistics equipment for customers like Huawei, Sinotruk, and Walmart.
Suez, Loop Industries and SK Geo Centric announced the selection of the Chemesis industrial platform in Saint-Avold, France, for a new PET plastic production plant using 100% recycled materials. The plant will have a capacity of 70,000 tonnes per year, represent an initial total investment of €450 million, and create 200 direct jobs.
Infineon Technologies started construction of a new 300mm Smart Power Fab in Dresden for analog/mixed-signal technologies and power semiconductors. The company plans to invest approximately five billion euros, with production set to begin in 2026, creating 1,000 new jobs.
Matalco completed its new aluminium ingot slab facility in Franklin, Kentucky, which began operations in December 2022. The plant has an annual capacity of 135,000 tonnes and was built for approximately $65 million.
Xiamen Dangsheng New Materials Co., Ltd. completed the first phase of its flash-spun nonwovens plant in Haicang, Xiamen, with total planned capacity of 100,000 tonnes per year.
Blue Star Climatech Limited, a subsidiary of Blue Star, has announced commercial production from its new manufacturing plant at Sri City, India. The facility was set up with a budget of Rs 350 crore and will have a capacity of 1.2 million units per year.
Bendix Commercial Vehicle Systems announced a US$57 million investment in Plant IV in Acuña, Coahuila, a 17,188 square meter highly automated facility making commercial vehicle braking systems, adding more than 180 jobs.
JSW Group, in partnership with the Andhra Pradesh government, performed Bhoomi Puja for a new green steel plant in Kadapa. The plant will be built in two phases with an outlay of Rs 8,800 crore, with first phase capacity of 1 million tonnes per annum, to be commissioned in 24-30 months, creating 25,000 direct and indirect jobs.
Ercros has completed commissioning of a new sodium chlorite production plant at its Sabiñánigo factory in Spain, doubling its production capacity and making it the largest European manufacturer.
Somany Ceramics is building a new factory in Gujarat, India, called Somany Max, with an annual capacity of 4 million sqm of large-size tiles and slabs. Sacmi supplied the Continua+ technology, dryer, and kiln.
Maruichi Stainless Tube Texas Corporation broke ground on a 125,000 square foot manufacturing facility in Seguin, Texas, representing a $75 million capital investment and creating at least 106 new jobs. The facility will produce seamless stainless steel precision tubes for the semiconductor industry.
Texas Instruments plans to build a second semiconductor wafer fabrication facility on its existing site in Lehi, Utah, with an $11 billion capital investment and up to 800 new jobs over 20 years.
Magna will build a new 490,000 square-foot battery enclosures facility in Brampton, Ontario, as part of a $471 million investment across six locations. The plant will support Ford Motor Company's all-electric F-150 Lightning trucks and future OEM programs, creating hundreds of jobs.
ADL Trading House will build a new production complex on two hectares in Kolomna urban district, Moscow Oblast, to manufacture pipeline valves, investing 600 million rubles and creating 40 jobs. Commissioning is planned for 2025.
DANA announced plans to build its Asia-Pacific vehicle core systems and components research and manufacturing headquarters in Xishan district, Wuxi, China. The project was signed on February 14, 2023.
Avangard, a large wet wipe producer, has increased its investment in the Shakhty Polyester Plant (OOO Shakhtinsky Poliefirny Zavod) to 4.5 billion rubles. The plant, which will produce polyester staple fiber, is 97% complete and scheduled to launch in Q1-Q2 2023, with a daily capacity of up to 200 tons and 260 new jobs.
Priya Industrie announced a new food processing, production, co-packing and packaging plant in Longueuil, Quebec, built with a C$19 million investment. Operations are scheduled to start in April 2023.
Beau-Roc Inc. announced a $4.1 million investment from the Government of Canada to build a second independent manufacturing facility in Vars, Ontario, focusing on specialty products like stainless steel and hurricane clean-up dump bodies. The project will create 30 new skilled trade jobs.
Siemens Gamesa announced plans to build a large offshore wind nacelle factory at the Port of Coeymans, New York, with a $500 million investment, creating 420 direct jobs. The factory is subject to turbine selection in New York's third offshore wind auction.
Premix Group, a Finnish plastics manufacturer, will invest $47 million to build its first U.S. manufacturing facility in Gaston County, North Carolina. The plant will create more than 30 new jobs and produce electrically conductive plastics.
Chlorum Solutions started up a new chlor-alkali plant in São Sebastião do Passé, Bahia, Brazil. The plant has a capacity of 20 tonnes per day and will produce hydrochloric acid, sodium hypochlorite, and sodium hydroxide. The company invested approximately R$ 90 million.