Mitsubishi Electric is investing $143 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production expected from October 2027 and an estimated capacity of 1,000,000 compressors per year. The US Department of Energy awarded $50 million to MELCO HVAC US for the project.

bp Ventures and EIP co-led a $25 million (EUR 23 million) Series C funding round for Oxford Flow, a UK valve technology company without mechanical drive train, to scale up operations.

Green Bay Packaging will make a multi-year investment to modernize its Arkansas Kraft paper mill in Morrilton, replacing the recovery and biomass boilers and installing an electric turbine generator. The project also includes buying about 300 acres of land for future expansion.

Bien Hoa Packaging JSC (Sovi) will spend VND1,175 billion on relocating its Bien Hoa 1 plant to Loc An-Binh Son industrial park in Dong Nai and expanding its Binh Duong factory. Shareholders are to vote at an extraordinary general meeting on December 18, 2024.

DS Smith announced over €25 million of investment in its Polish sites, mainly expanding the Kielce packaging facility with a new BOBST die-cutter. Lines for Bełchatów and Sosnowiec will add fresh-food and paper-bag production.

Interpump plans to invest R$10 million by 2025 in new equipment and infrastructure at its Caxias do Sul and Indaiatuba plants, including CNC robotic cells and a test bench. The investment targets modernisation under Industry 4.0.

DS Smith is investing more than EUR 25 million in machinery in Poland to increase its production capacity for corrugated packaging. Most of the 100 million zloty investment goes to one plant.

Emerson announced plans to repurchase approximately $2.0 billion of its common stock in fiscal year 2025, with about $1.0 billion expected in fiscal Q1.

Interpump Hydraulics Brasil plans to invest R$10 million through 2025 in new equipment, robotic cells and infrastructure at its Caxias do Sul and Indaiatuba plants, under an Industry 4.0 approach.

Intraplás, a Portuguese sustainable dairy packaging maker, invested more than €15 million between 2023 and 2024 in new PET and PS extrusion and IML-T packaging lines in Santo Tirso. The investment created more than 20 direct and indirect jobs.

Evopack has started an investment in two new production lines for food cardboard boxes and new storage space at its Piatra Neamț factory, estimated at EUR 1.8 million.

Croatian company MIV plans to invest 60 million euros in a new foundry, according to SeeNews.

APackaging Group, a beauty and cosmetics packaging maker, invested $49 million to open a new manufacturing facility in Defiance, Ohio, providing bottle blow molding, custom molding and dispenser and cap production.

Packaging Corporation of America reported $468.4 million in capital spending through Q3 2024, including at least 60 projects at box plants such as new corrugators and new converting lines.

Coca-Cola FEMSA Brasil presented a R$886 million plan to invest in Rio Grande do Sul over five years, mostly to recover flood-damaged operations including its Porto Alegre plant. The plan also includes new production lines and returnable packaging lines.

Copeland announced a ₹500 crore (US$60 million) investment in India to expand its Atit, Maharashtra manufacturing facility, add a scroll compressor line, and build a 15,000 sq m R&D centre in Pune.

Soft drinks maker Belvoir Farm invested £2 million in a new canning line at its on-farm factory in Leicestershire, equipped with a cartoning machine from T. Freemantle.

Norway-based packaging maker Elopak will invest an additional $25 million in its Port of Little Rock facility to expand production capacity, bringing the project total to $95 million. The first production line is already sold out.

JBS will invest R$70 million in its metal packaging unit Zempack, raising output at the Lins plant by 180% for food packaging and at the Guaiçara plant for aerosol cans by 25%. The investment funds new production line machinery, with Lins capacity increase due by November 2024.

Mill Point has made an investment in Garyline, a packaging company founded in 1963. The article does not disclose deal terms or location.

UK corrugated box maker Sheard Packaging has invested £13 million in a fully automated Asahi flatbed die cutting line, Dücker pre-feeders and palletiser, and a Göpfert 5-colour HBL HQPP die cutter at its Halifax site.

Graham Corporation is investing $4.1 million in its new Batavia, New York facility, which is partly funded by a $13.5 million contribution from a customer. The investment was announced on 22 August 2024.

Russian manufacturer GMS Group disclosed a combined investment program exceeding 35 billion rubles for modernization and new capacity, including 12 billion rubles invested in 2014-2022 and over 23 billion rubles planned for 2023-2026. Projects include pump and compressor plants in Orel, Kazan and Zelenodolsk and a facility in Livny.

DS Smith has invested more than €50 million in its packaging facilities in Portugal over the last three years. Investments include new fluting machines for Oporto and Leiria, and a corrugator upgrade at Lisbon.

Kazankompressormash is building a 12 billion ruble test stand in Zelenodolsk, Tatarstan, for testing ultra-high-power compressors, with no equivalent in Russia. The managing director described the project in an interview with Business Online.

Corrugated packaging specialist Twinplast invested £1.5 million (US$1.9 million) in a new extrusion line made by Omipa Extrusion Machinery in Milan, Italy, which will increase extrusion capacity three to four times while cutting energy use per ton by 40%.

Sullivan Palatek, a North American air compressor maker, took delivery of a PTG Holroyd TG350E CNC helical rotor grinding machine, doubling its rotary screw compressor rotor capacity at its Michigan City, Indiana facility, which it plans to expand by 50%.

Delmarva Corrugated Packaging announced a 2-megawatt photovoltaic rooftop system at its Dover, Delaware plant, expected to supply about one-third of the facility's power.

DS Smith has invested over €50 million in its packaging facilities in Portugal over the last three years, including corrugating machines for Porto and Leiria and solar panels at Esmoriz, Leiria and Lisbon.

Foodservice packaging maker amipak agreed to buy a second BOBST Novacut 106 ER 3.0 die-cutter to add production capacity at its 100,000 sq. ft. site. The deal was agreed on June 6, 2024 at drupa and delivery is due in September 2024.

Brewery Huyghe in Melle, Belgium, plans EUR 50 million of investments, including a EUR 10 million Delirium Experience Center, a new bottling line of 40,000 bottles per hour (EUR 10 million) and a new canning line (EUR 5 million).

Imbal Carton spent about EUR 9.3 million on investments in 2023, of which EUR 5 million went to a new production line for large boxes. The company targets a 50% increase in transformed square metres by 2030.

Grifal aims to build about 14 new production sites for Cartù in main European countries, in partnership with local entities, with an assumed investment of about EUR 2 million per site.

ITT Inc is investing approximately US$11 million to expand pump, motor and control testing capacity at three Industrial Process sites in Obernkirchen (Germany), Vadodara (India) and Dammam (Saudi Arabia).

KSB will invest €60 million over five years to modernise and expand its Eta pump production facility at its Frankenthal headquarters, with the work to be completed by 2029. The investment will proceed without requested government subsidies.

Ascent Rift Valley Fund II acquired a minority equity stake in Dune Packaging Limited, a Kenyan packaging manufacturer, to support its expansion into new markets and operational capabilities.

Labatt Breweries of Canada invested $9 million in new machinery at its Turning Point Brewery in Delta, British Columbia, to eliminate plastic rings from can packaging and enable new can formats.

Acme Corrugated Box Company announced it will add a second Isowa Falcon to its production capacity for 2025, following its first Falcon added in mid-2023.

Bericap invested in a production facility in China, according to a brief industry roundup. No amount, capacity or site details were given.

Riyadh-based Al-Shamrani Industry Company invested in a new BOBST VISION CI flexo press to modernize and expand production capacity at its 25,000 square metre packaging facility. The company makes polyethylene flexible packaging for the Saudi market.

Dunapack Packaging completed installation of a 1,000 kW photovoltaic system with 2,350 panels on the production hall roof of its corrugated plant in Plovdiv, Bulgaria, at an investment of about EUR 700,000.

Mamee-Double Decker will invest up to RM150 million in a new production facility using the latest generation of automatic production technology to support export growth to more than 80 countries. The announcement was made by CEO Pierre Pang on April 2, 2024.

Taerim Packaging, a Korean corrugated cardboard maker, began construction of 5.5MW roof-type solar power facilities at its Cheongwon Campus 1 and 2 in the Ochang 3rd Industrial Complex, Cheongju. The facilities are expected to generate about 7,026 MWh per year and cut about 3,220 tons of greenhouse gases annually.

Danfoss plans to spend ₹500 crore over the next 12 to 20 months on localisation and capacity expansion across its six Indian factories, adding more than 500 people. The plan is part of its India growth strategy.

Schaeffler plans a greenfield plant in Dover, Ohio, making electric beam axles and electric drivetrain systems, with $230 million for the facility and other Ohio projects through 2032 and 450 jobs. Completion is expected in Q3 2025.

Coleus Packaging invested R40 million (US$2.14 million) in a PMC500 metal crown manufacturing machine for its Alrode factory in Alberton, Johannesburg, able to produce 5,000 crowns per minute.

PetroVietnam Packaging Joint Stock Company invited bids for procurement of one coating/laminating machine for its Bac Lieu petroleum packaging factory, with a tender value of 7,945,539,480 VND.

Aliaxis plans to invest about €28 million in Australian factories, including a new Toowoomba 2 plant near Brisbane for stormwater drainage products, with production lines starting from Q3 2024.

Cardbox Packaging announced a €6.5 million investment in its new Czech subsidiary to buy a Koenig & Bauer Rapida 106 printing press and a Bobst Visioncut 106 LER die-cutter. The investment aims to raise production efficiency and capacity.

IVE Group plans to invest in new die-cutting and gluing finishing equipment at its Silverwater, NSW facility to generate about AUD 30 million of packaging capacity in the short term. Implementation begins in the new financial year.