Glen Dimplex Americas announced a $7 million investment to create a 160,000-square-foot manufacturing facility in London, Ontario, creating 120 jobs. The factory will produce heat products like baseboard heaters and is expected to open in June 2022.
Skanda Aerospace Technology, a JV between Raghu Vamsi Machine Tools and Rave Gears, will invest Rs 250 crore to set up a manufacturing facility for helicopter gears and gearboxes in Hyderabad. Production is expected to start by January 2023, creating 1,000 jobs over 3-5 years.
Royal Philips announced the setting up of a new R&D centre in Pune, acquiring 10 acres of land to expand innovation capabilities.
Skanda Aerospace Technology Private Ltd (SATPL) will invest ₹250 crore to set up a manufacturing facility in Adibatla, Hyderabad. Production is expected to commence in January 2023, and the facility will employ about 1,000 people in 3-5 years.
LG Chem broke ground on two new buildings in Ravenna, Ohio: a 148,400-square-foot ABS compounding plant and a 60,350-square-foot ABS Technical Center. The facilities will produce ABS plastic for the automotive industry and employ over 100 people, with operations expected by the end of 2023.
Texhong Textile Group is preparing to launch a major new facility in Vietnam that will sharply boost its fabric production, complementing its larger cotton yarn business. The company has invested $1.6 billion in Vietnam over subsequent years.
Proseal Australia celebrated the opening of a new factory that will double its manufacturing capacity, enhancing turnaround for tooling supply and providing a test kitchen, machine demonstration area, and large spares holding.
Teijin Automotive Technologies broke ground on a new $110 million facility in Huntington, Indiana's Riverfork West Industrial Park, on a 30-acre parcel.
Insulet Corporation plans to establish an insulin management facility in Johor, Malaysia, with a significant investment expected to create about 500 high-skilled jobs. The announcement is scheduled for June 2, 2022.
Hitachi Energy India Ltd. inaugurated a new transformer components factory in Vadodara, Gujarat, producing dry bushings up to 400 kV. The facility has a capacity of up to 1,000 units per annum.
Adient Automotive Seating Morocco inaugurated a new plant in Kenitra's Atlantic Free Zone on May 11, 2022. Built with an investment of 72 million dirhams, the factory specializes in automobile seat covers and currently employs 600 people, with a projection of over 1,300 jobs by 2025.
Formosa Plastics announced it will build a new manufacturing site in Texas at a cost of US$207 million. The plant will have an annual capacity of 100,000 tonnes of alpha olefins, with completion expected in October 2025 and mass production in December 2025.
BAE Systems opened a new 200,000-square-foot engineering and production facility in Manchester, New Hampshire, for electronic warfare systems. The facility includes engineering design space, laboratories, and office space.
Hitachi Energy India inaugurated a transformer component manufacturing factory in Vadodara, Gujarat, producing resin-impregnated paper bushings up to 400 kV. The facility has capacity to manufacture up to 1,000 units per annum.
Tezmaksan has broken ground on a new factory in Sivas, Turkey, with a €15 million investment. The plant will produce CNC machine tools with robotic automation, aiming to increase production capacity tenfold and create 70 jobs initially.
Lotte Chemical supported partner Dobon in completing a new production facility in Malaysia. Lotte Chemical provided land lease near its LC Titan plant, construction support, and legal advice.
Great Wall Motor signed a project to build an intelligent active suspension system plant in Wuxi, China, with a total investment of 3.1 billion yuan ($461 million). The facility will have annual capacity of 1.1 million sets of EAS system and 2.6 million sets of EDC system, and create over 1,000 jobs.
Portobello Group, a Brazilian producer of porcelain and ceramic tile, has begun construction of an 895,000-square-foot factory in Baxter, Tennessee. The investment exceeds $160 million and is expected to create 220 jobs, with completion projected by the end of 2022.
Bobcat Company announced plans for a new 225,000 sq ft assembly plant in Rogers, Minnesota, adding over 100 new full-time jobs. The facility is expected to be fully operational by Q4 2022.
Turkmenistan's President signed a resolution to construct an isobutane production unit at the existing Kiyanly polymer plant in Balkan velayat. The project is worth $3.4 billion and is implemented with UNIDO.
Okmetic will build a new production facility next to its current fab in Vantaa, Finland, with an investment of nearly €400 million. The fab will more than double production capacity and create over 500 jobs. Construction will start in early 2023 and production is planned for 2025.
KKC Industries WLL (iCOOL), a Chinese HVAC manufacturer, has launched a $10.7 million manufacturing facility in Bahrain to produce air conditioning insulation pipes for Middle East, US, and European markets. The investment is expected to create 150 jobs over three years.
TDK Corporation will construct a new production building on the premises of its Kitakami Factory in Iwate prefecture, Japan, to enhance multilayer ceramic capacitor (MLCC) production for automotive applications. Construction is planned to start by end of fiscal year March 2023 and complete in June 2024.
Shengxing Co. (002752.SZ) announced that it will establish subsidiary Shengxing (Ya'an) Packaging in the Ya'an economic development zone, Sichuan, to build an aluminum beverage can production project. The total estimated investment is about 180 million yuan, announced May 10, 2022.
Korean piping manufacturer COSMOIND Co. will invest more than $12.8 million to build its first North American campus, a 128,000 sq ft facility in Middlesex, Nash County, North Carolina, creating 168 jobs. The announcement was made May 10, 2022.
Nihon Kohden India, a subsidiary of Nihon Kohden Corporation, will establish a new factory in India to increase production capacity of hematology analyzer reagents, supporting growing demand.
Premix, Inc. was awarded a $79.9 million contract by the U.S. Department of Defense to establish a plastic compound manufacturing plant in Gaston County, North Carolina, to produce materials for diagnostic testing. The facility is planned to be operational by September 2025 and will employ about 30-35 people.
SIMMTECH held the grand opening of its new factory for SUSTIO Sdn. Bhd. in Batu Kawan Industrial Park, Penang, Malaysia. The facility is SIMMTECH's first in Southeast Asia and will increase total substrate and PCB capacity by 20%.
Hyundai Motor plans to build a 184 MW LNG-fueled combined heat and power plant at its main factory in Ulsan, South Korea, to secure stable electricity supply and reduce carbon emissions. The investment is expected to be in the trillion won range, with completion targeted by 2025.
M&M Carnot has begun building industrial transcritical CO2 refrigeration systems in a new leased 25,000 sq ft factory in Federalsburg, Maryland, with a further 25,000 sq ft planned.
Wanhua Chemical (Ningxia) Company started construction of a 300,000 tons/year MDI separation project on May 8, 2022, in Ningdong energy and chemical industry base. Total investment is 487 million yuan, with a 12-month construction period.
Nashville Box has started manufacturing at its 100,000-square-foot corrugated box plant in Lebanon, Tennessee, after installing converting lines, announced May 2022.
Zhejiang Niudun Fluid Technology's new plant in Yongjia, Wenzhou, with total investment above 500 million yuan, entered pile foundation construction and is expected to partly start production by end-2022.
Hella Minth Jiaxing Automotive Parts Co. Ltd, a joint venture of Hella and Minth Group, has put a second production plant into operation in Jiaxing, China. The plant produces radomes (radar and lidar covers) for the automotive sector, with an initial annual capacity of about 3 million components, expandable to 5 million.
SEMCORP Advanced Materials Group announced a $916 million investment to build a manufacturing facility in Sidney, Ohio, producing separator film for EV batteries and creating nearly 1,200 jobs.
A resident of the Grozny special economic zone plans to build a plant for manufacturing electric motors and generator vacuum high-voltage switches. The project costs 0.76 billion rubles and will create 50 jobs, with first production planned for Q1 2024.
SÜDPACK officially opened its new printing and finishing plant in Kłobuck, Poland, on May 5 and 6, 2022, on a site of over 14,000 m2 that was previously Bahpol.
Mohawk inaugurated a new vinyl flooring manufacturing plant in Mexicali, Mexico, with an investment of over 2 billion Mexican pesos. The first phase will create 400 jobs.
Cerrowire broke ground on a 270,000 sq ft Metal Clad cable facility in Hartselle, Alabama. The $100 million investment will create over 80 jobs initially, rising to 120 within three years, with completion slated for January 2023.
Atlas Tube, a division of Zekelman Industries, opened a new steel mill in Blytheville, Arkansas, dedicated to producing Jumbo Hollow Structural Sections. The $150 million project is expected to create over 75 jobs.
Marmon Aerospace & Defense has broken ground on a new 80,000-square-foot manufacturing facility in Hooksett, New Hampshire, with a $30 million investment, expected to be completed by fall 2023 and create 20 production jobs.
Saab will manufacture the aft section of the T-7A Red Hawk trainer jet at its new facility in West Lafayette, Indiana, with over $100 million invested. Production is expected to start in 2023, and the company plans to hire up to 300 employees by 2027.
Martinrea has announced an investment of $45 million to open a third plant in Ramos Arizpe, Coahuila, Mexico, adding 350 new jobs. The plant will increase production capacity by one million pieces annually.
Domo Chemicals plans a 35,000-ton new plant in Haiyan, China, with an investment of over €14 million, to be completed in Q3 2023, with future expansion to 50,000 tons.
Schaeffler has opened a new Tool Technology Center at its facility in Höchstadt an der Aisch, Germany, with 8,000 m² of floor space for manufacturing precision tools for e-mobility and robotics. The investment is in the tens of millions of euros.
Corobrik officially unveiled its new R800-million Kwastina brick factory in Driefontein, Gauteng, South Africa. The fully automated facility has a capacity of 100 million bricks per year and is described as the most technologically advanced brick plant in Africa.
Girard Equipment has established a new all-in-one headquarters in Vero Beach, Florida, housing its expanded foundry, machine shop, assembly lines and offices. The move is presented as a way to gain efficiencies and keep prices stable amid inflation.
Cook Medical celebrated the opening of a new $15 million manufacturing facility in Indianapolis, operated by Goodwill of Central & Southern Indiana, producing medical devices such as drainage catheters and needles, and expected to employ 100 to 200 people.
LANXESS inaugurated a new compounding plant for polyamide and polybutylene terephthalate at its Krefeld-Uerdingen site in Germany, with an investment of around €50 million.
Novelis has broken ground on a $365 million advanced recycling center in Guthrie, Kentucky, adjacent to its existing automotive finishing plant. The facility will have an annual casting capacity of 240 kt of sheet ingot and create approximately 140 new jobs.