Daikin will spend JPY31.5bn ($230m) on a new domestic air conditioning factory in Huizhou City, Guangdong Province, China. The factory is expected to come online in October 2024.
Xi'an Chida Aircraft Parts Manufacturing Co., Ltd. completed the 'Aircraft Parts Production and Assembly Base' project in Xi'an Aviation Base, China. The project, with a total investment of CNY 380 million and floor area of 23,500 square meters, includes facilities for CNC machining, composite material production, assembly, and maintenance of aircraft parts.
Green Valley Energie, a joint venture of Norske Skog, Veolia and Pearl Infrastructure Capital, has secured financing to build a waste wood biomass cogeneration plant at Norske Skog's paper mill in Golbey, France. The plant will have 200 GWh electrical output and 700 GWh heat output, with startup planned for September 2024.
A. Le Coq inaugurated a technological wastewater treatment facility at its factory in Tartu, Estonia, to produce biogas from wastewater and reduce pollution load on urban sewage by up to 80%. The investment cost was €3.5 million, with €1.1 million from EU funding.
Delavan Ag Pumps, a division of Delavan Fluid Power, plans a manufacturing facility in Elkton, Todd County, Kentucky, with a $2.3 million investment creating 30 full-time jobs. Operations are expected to start in October.
Keppel Infrastructure has reached FID to develop a 600MW hydrogen-ready CCGT power plant in Sakra, Jurong Island, Singapore. The EPC contract was awarded to a consortium of Mitsubishi Power Asia Pacific and Jurong Engineering. Total investment is around S$750 million, with completion expected in 1H 2026.
Havells India Ltd is setting up a cable manufacturing unit at Vasanthanarasapura Industrial Area, Tumakuru, Karnataka, with an investment of INR 300 crores and annual capacity of 348,000 km. Production is expected to commence by March 2024.
SEMP TCL, a Chinese-Brazilian joint venture, began operations at its new air conditioning products manufacturing plant in Manaus, Brazil. The plant has over 34,000 square meters, expects to create around 1,000 jobs, and aims to reach annual production capacity of one million air conditioners.
Mölnlycke is investing EUR 50 million in a new surgical gloves plant in Kulim, Malaysia. The plant will start production in September 2022 and create 500 new local jobs.
Pall Corporation broke ground on a US$100 million manufacturing facility in Jurong Industrial Estate, Singapore, which will more than double its production capacity for filtration solutions used in semiconductor manufacturing, creating over 300 jobs.
Lingong Heavy Machinery Co., Ltd. held a groundbreaking ceremony for its new energy mining complete equipment digital factory project in Jinan, China. The project covers 198 mu, with an investment of nearly 750 million yuan, and will produce about 13,000 units annually including wide-body dump trucks and new energy mining trucks.
LG Energy Solution and Honda Motor have agreed to form a joint venture to produce lithium-ion batteries in the US. The facility will cost $4.4 billion.
Hydro is constructing a state-of-the-art aluminum recycling plant in Cassopolis, Michigan, to supply recycled aluminum to car makers and other industries. The plant is on track for start-up in the second half of 2023 and will employ about 70 people.
Emerson opened a 62,000-square-foot gas analysis solutions center in Cumbernauld, Scotland, to engineer and manufacture Rosemount continuous gas analyzers and gas chromatographs for emissions monitoring and process control.
PPG announced the start of construction of a new 5,500 m² aerospace paint preparation facility in Pibrac, France, with an investment of €15 million. The plant is expected to employ 50 people within three years and open in May 2023.
Cement manufacturer Mira SA plans to build a CFA120 billion industrial complex in the North region of Cameroon, including a clinker production unit with an annual capacity of 700,000 tons.
Reliance Industries announced plans to build India's first and one of the world's largest carbon fibre plants at Hazira, Gujarat, with a capacity of 20,000 MTPA. The first phase is targeted for completion in 2025.
Plaschem Group's $50 million BOPP Film Factory at Tu Phuong Industrial Cluster in Long An province, Vietnam, came on stream in mid-June 2022 with an annual capacity of 50,000 tonnes. The first products were shipped on July 1, and the first export to Europe occurred on July 15.
Chinese company BUT Construction Machinery inaugurated its first plant in Monterrey, Nuevo León, with an $8 million investment, creating 400 jobs. A second phase will add $12 million for expansion, totaling $20 million.
Guangzhou Jitai Chemical Co., Ltd. held a groundbreaking ceremony for its Anqing New Materials Industrial Base in Anhui Province. The project, with an initial investment of at least RMB2 billion, will produce electronic adhesives, photovoltaic adhesives and water-based coatings. Phase I is expected to start trial production by the end of May 2024.
Rengo has begun construction of a new corrugated cardboard factory, the Ehime Toon Factory, in Toon City, Ehime Prefecture, to relocate its Matsuyama plant. The investment is 14 billion yen and operations are scheduled to start in January 2024.
Kumasan Medix, a semiconductor manufacturing equipment maker, held a completion ceremony for its new Koshi plant in the Sakae No. 2 Industrial Park in Koshi City, Kumamoto Prefecture. The plant is the company's 11th manufacturing base and aims to meet strong semiconductor demand.
ABB officially opened a new robotics facility in Sorocaba, São Paulo State, Brazil. The 4,000-square-meter facility houses a commercial office, robotics workshop, training center, assembly and testing area, and warehouse.
Polifilm Protection opened a new production facility in Changshu near Shanghai, China, replacing the previous factory in Taicang. The 45,000-square-meter plant produces extrusion films and coated protection films, increasing global capacity and efficiency.
Sumitomo, a Japanese automotive wiring specialist, will open a second production unit in Monastir, Tunisia, specializing in automotive cables. The investment is initially estimated at €14.5 million, with potential to reach €21 million, and is expected to create 5,000 jobs.
Yongxin Optics (603297.SH) announced plans to invest up to 700 million yuan (approx. $100 million) to build a medical optical equipment and precision optical components production base in Ningbo High-tech Zone. Construction is expected to start in December 2022 and be completed by August 2025.
Interroll Group has put a new plant in Suzhou, China, into full operation, doubling production capacities. The facility has 28,000 square meters of floor space and represents a total investment of RMB 181 million (approximately CHF 25 million).
Semiconductor Manufacturing International Corporation (SMIC) signed a framework agreement to build a 12-inch wafer foundry production line in Tianjin's Xiqing Development Zone, with a total investment of $7.5 billion and planned capacity of 100,000 wafers per month.
Winsupply Inc. opened its new Richard W. Schwartz Center for Innovation on August 25.
Mindarika Private Limited, a subsidiary of UNO MINDA, is setting up a new manufacturing plant in Farrukhnagar, Gurugram, Haryana to produce 4W automotive switches. Phase 1 will cost INR 110 Cr and be completed by September 2023.
Shinhwa Auto USA Corp. will invest $78 million to build a new 400,000-sq.-ft. aluminum auto parts manufacturing facility in Auburn, Alabama, creating 42 jobs over three years.
Crown Confectionery held a groundbreaking ceremony for a new snack plant in Asan, South Korea, investing 69.5 billion KRW (excluding land). The 52,000 sqm facility will produce snacks like Jolly Pong and Corn Chips, with completion targeted by November 2023.
JTM Foods broke ground on a new manufacturing facility in the ict21 Industrial District in north Wichita, Kansas, to produce JJ's Snack Pies. The company plans to invest $40 million and hire 150 people within two years. The plant is scheduled to open in 2023.
Ethiopian investor Worku Ayetenew plans to build a US$1bn cement plant called WA Cement Factory near Dejene town in Amhara National Regional State. The project manager expects construction to be completed in two years.
Inform Storage's Jiangxi Inform Smart Factory Phase I project in Jingdezhen, China, is about to be put into operation. The first phase involved a total investment of 500 million yuan, covering 100 acres, and is used for R&D and manufacturing of stacker crane series products.
CKD is constructing a new plant in Komatsu, Ishikawa Prefecture, Japan, for semiconductor manufacturing fluid control devices, with an investment of approximately 3 billion yen. The plant aims to increase productivity by 30% and boost sales of fluid control devices to about 90 billion yen by fiscal 2030.
Rheem is constructing a new plant in Mexicali, Baja California, with a $40 million investment that will create 1,000 jobs. The announcement was attended by Governor Marina del Pilar Avila in August 2022.
Hitachi Energy inaugurated a new and larger facility for Power Quality Products manufacturing in Doddaballapur, Bengaluru, India, to support stable electrical networks.
Eternit will invest R$165 million to build a new factory in the Pecém Complex in Caucaia, Ceará, Brazil. The plant will produce cement tiles and photovoltaic tiles, with a capacity of 14,000 tons per month and 160 direct jobs.
A unit of Dana Inc. plans to open a $54.2 million electric vehicle battery cooling plant in suburban Detroit, creating 200 new jobs. Production is expected to begin in 2023, with all jobs filled by the end of 2024.
Wolfspeed opened its new $1.2 billion wafer fabrication facility, the Mohawk Valley Fab, in Oneida County, NY, producing 200mm silicon carbide wafers and expected to add 614 jobs.
Wanhua Chemical Group has received approval from Shandong's development and reform commission to build a polyolefin plant costing CNY17.6 billion ($2.58 billion) in Yantai Chemical Industrial Park, Shandong. The plant will produce 1.2 million tons of ethylene annually, including 250,000 tons of low-density polyethylene and 400,000 tons of ethylene-octene copolymer (POE).
Bryce Corporation held a groundbreaking for a new manufacturing facility in Searcy, Arkansas, part of an $80 million investment that will create 142 jobs. The groundbreaking took place on August 23, 2022.
SAMSON AG will relocate its Frankfurt headquarters and production to a 15 ha site in Offenbach am Main, investing several hundred million euro in the MainChange project. The move is planned to secure future capacity and jobs.
Apex International broke ground on a new 58,500 sq. ft. manufacturing facility in Fallowfield Township, Pennsylvania, to replace its Donora site, with expected occupancy in 2024.
Chery Technology, a subsidiary of Chery Holding, and Anhui Shengna Technology will form a joint venture to build an intelligent electronics industrial base in Wanzhi District, Wuhu, Anhui Province. The initial investment is 1 billion yuan ($146.23 million), and production is expected to start by the end of June 2023.
Big Dipper Textile Mills Ltd, a Canada-China owned enterprise, will establish a textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $91.15 million. The plant will produce 15,422 tons of yarn annually and create 1,209 jobs.
Browns Fabric Limited signed an agreement with the Board of Investment Sri Lanka for a new weft knit fabric production facility in Kurunegala, with an investment of $52.3 million. The plant is expected to commence operations in August 2023 and create over 800 jobs.
Atlas Machine and Supply Inc. is investing $3.47 million to construct a new 32,500-square-foot facility in Hardinsburg, Kentucky, creating 78 jobs. The facility will serve as headquarters for its Field Machining Division.
Vitro plans to build two new glass factories in Egypt with around $400 million in investments. One factory will manufacture glass on 1.1 million square feet, and the other will produce container glass on 493,000 square feet, creating about 1,500 jobs.