NIU Power Co., LTD (Thailand) celebrated the grand opening of its factory in Bang Lamung, Thailand, on December 31, 2024. The facility, dedicated to producing new energy electrical connectors, will support 50GW of renewable energy projects at full capacity.

TROX Air Conditioning Components (Suzhou) Co Ltd received a construction permit on December 30, 2024, for a new plant in Suzhou Industrial Park, China. The project covers 42,000 sqm with a total built-up area of 50,000 sqm and an investment of RMB490 million.

NKT is investing approximately EUR 1.3 billion in a new cable-laying vessel and establishing the world's largest factory for high-voltage subsea cables in Karlskrona, Sweden.

Dongwon F&B approved 165 billion won of investment in a new second Jincheon plant for cold food products and expanded beverage production, with spending periods running to January and April 2026.

BEI KE YUAN Technology Co., Ltd. and Thien Phu Co., Ltd. commenced construction of a factory producing automotive parts and high-tech equipment in Van Phong Industrial Cluster, Ninh Binh, with total investment of nearly 1,400 billion VND. Operations expected in Q1 2027.

The Eberspaecher Group has opened a new plant in Przylesie, Poland, producing thermal management systems for electric city buses and coaches, with capacity of up to 20,000 systems a year. Production of the AC138 EVO heat pump starts in January 2025.

Jingzhou Napai Chemical Co., Ltd. held a groundbreaking ceremony on December 27, 2024 for a 30,000-ton-per-year amine curing agent and silicone adhesive production line project in Songzi, Jingzhou, Hubei. The project has a total investment of RMB 150 million and is expected to achieve annual output value of RMB 600 million when fully completed.

Ardent Technologies (rebranded from Compact Membrane Systems) opened a new facility in New Castle, Delaware, with $3.1 million investment, tripling manufacturing capacity for carbon capture membranes.

TCL空调在广州南沙区大岗穗港智造基地开工建设智能制造产业园，一期投资不低于16亿元，规划年产800万套空调，预计投产后3年内实现年工业产值100亿元。

Haoneng's wholly-owned subsidiary Chengdu Haoyiqiang plans to invest CNY 300 million to build an intelligent manufacturing center for aerospace components in Qingyang District, Chengdu. The investment agreement was signed on December 27, 2024.

Hycom Engineering is discussing establishing a third facility in Bidadi with a proposed capital expenditure of ₹100 crore. The new plant is expected to create 250 jobs and help double capacity to 80,000 units annually by FY29.

BioProject Peresvet completed construction of a production facility in Sergiev Posad city district, Moscow region, with an investment of 100 million rubles. The facility will produce capacitive equipment made of composite materials for sewage treatment plants.

HSG Laser opened a new manufacturing facility in Jinan, China, with an investment of USD 68.3 million. The facility is part of the company's global production network and aims to support its goal of surpassing 10,000 units in annual global production capacity.

SPRY Manufacturing announced the grand opening of its new pilot plant in Andrews, South Carolina, which will serve as the production hub for Swivels custom material handling carts.

Setl Group will invest over RUB 2.2 billion as investor and technical customer to build a new production facility for Zavod Elektroapparat in the St. Petersburg SEZ. The plant will produce high-voltage electrical equipment.

OOO 'Tsentr Mashinostroyeniya i Metalloobrabotki Roden' will build a plant in Novosibirsk to produce contact welding equipment for reinforcement shops. Investment is RUB 700 million, with 110 new jobs and capacity of 150 units per year.

Cangzhou Bohai New Area High Cohesion Energy Chemical Co., Ltd. plans to invest 175 million yuan to build a 50,000-ton-per-year polyurea (high-end polyurethane and auxiliary materials) project in Cangzhou Bohai New Area, China. The project will be implemented in two phases.

Futaba Industrial announced it will build a new plant in Haryana, India, to manufacture mufflers and exhaust system parts for Suzuki. Construction will start in April 2025, with operations beginning in March 2027. Investment is about 2.5 billion rupees (approx. 4.5 billion yen).

Guarniflon S.p.A. announced the opening of a new 30,000-square-foot manufacturing plant in North Bay, Ontario, for PTFE finished and semifinished products. The facility is designed to boost production capabilities and create new jobs.

Shiroyama Sangyo will build a new factory for motor and transformer electromagnetic cores in Anpachi, Gifu Prefecture, with operations starting in summer 2027. The investment is about 1 billion yen for land, building, and equipment.

Betamed has begun construction of a new plant in the Mogilino special economic zone to produce surgical staplers and other medical equipment. The project involves investments of about RUB 1 billion and is expected to create 87 jobs, with production launch planned for 2026.

Fonterra has commenced construction on a new $150 million UHT cream plant in Edendale, New Zealand. The plant will initially produce over 50 million liters of UHT cream annually, with plans to more than double capacity by 2030, and is expected to create 70 permanent jobs.

The Al-Khair Corrugated Carton Factory, an eco-friendly packaging plant owned by Khair Mohammad, was inaugurated in Quetta, Balochistan, with a PKR 30 million matching grant under the EU-supported GRASP programme.

A filing shows a Hitachi scroll compressor new business platform manufacturing project in Conghua District, Guangzhou, with total investment of 345.85 million yuan and about 68,500 m² of floor space, with construction from June 2025 to December 2026.

Grupo Lusiaves is investing over €20 million in a new food factory in Valado dos Frades, Nazaré, Portugal. The facility will cover over 12,000 m² on a 30,000 m² site and is expected to create over 100 direct jobs.

ADAMA Agricultural Solutions opened a new chloralkali plant in Israel, representing an investment of tens of millions of dollars. The facility, under construction since 2021, will initially produce 40,000 metric tons of chlorine annually, with capacity to scale to 50,000 metric tons.

Silicon Box announced a €3.2 billion investment to build an advanced semiconductor packaging and testing foundry in Novara, Piedmont, Italy. Construction is planned to begin mid-2025 with production starting in 2028, creating approximately 1,600 jobs.

NovaSklo, an EFI Group project, will build a glass factory in Zhytomyr region, Ukraine, with a capacity of 800 tonnes per day and total investment of €230 million. The plant will produce float glass for windows and create over 400 jobs.

Deere invested $70 million to build a new 380,000-square-foot factory for excavators.

Shree Cement signed an MoU with the Bihar government to invest Rs 800 crore in a new cement plant in North-East Bihar with an annual capacity of 2 million tonnes.

BD Medical (Becton, Dickinson and Company) announced the official opening of its third world-class production base in Yixing, Jiangsu, China. The facility, with a total investment of 1.332 billion RMB, covers 54 mu (3.6 hectares) and 35,000 square meters, and is expected to produce 250 million liters of bottled injections and 400 million prefilled saline syringes annually.

Packaging Corporation of America plans to invest $229 million in a new facility on a 78-acre site on Thornwood Drive in Newark, replacing its South 21st Street sheet plant. The company will keep all 131 employees under an enterprise zone abatement agreement.

ROMCO celebrated the grand opening of its new Amarillo branch, its 17th location in Texas, as the exclusive Volvo CE dealer for the state.

The first production line of Rongrong alumina fiber in Baise City, Guangxi, was officially put into operation on December 25, 2024. The total investment is 10.7 billion yuan, with plans for 150 production lines and annual capacity of 12,500 tons.

Shandong Head Group Co., Ltd. announces plans to invest USD $80 million in a new HPMC empty capsules production facility in the United States, adding over 20 billion capsules per year capacity and creating 200 jobs.

Kloeckner Metals will build a new 200,000-square-foot aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus, Mississippi, with an annual capacity of up to 250,000 tons. Ramp-up is planned for Q4 2026.

Alco, a newly established aluminum materials company, will invest KRW 250 billion to build a new plant in Gumi's 1st Industrial Complex, with 20 rolling lines to be installed by 2030, creating over 500 jobs.

Raj Cooling Systems inaugurated a new Rs 75 crore manufacturing plant in Naika, Kheda, Gujarat, with a 6 lakh sq ft facility producing 5,000 air coolers per day, increasing capacity fivefold.

Chalco's aluminum foil new energy high-precision aluminum plate/sheet, strip and foil project commenced construction in Qidian Industrial Park, Yunnan, with a total investment of 2.103 billion yuan and an annual capacity of 170,000 mt.

Heding Electromechanical Co., Ltd. completed a 600 MWh new energy power battery equipment project in Hefei, Anhui, with a total investment of 1.5 billion yuan ($210 million). The new factory triples existing capacity and has started production of lithium batteries for industrial vehicles.

Heli (Lu'an) is building a high-end casting and deep processing R&D and manufacturing base in Lu'an, Anhui, with a total investment of approximately 1 billion yuan ($140 million). Phase I has started production using fully automatic V-process casting.

Bengbu Hydraulic Machinery Co., Ltd. is building an expanded manufacturing base in Bengbu, Anhui, with a total investment of approximately 1.1 billion yuan ($154 million). Phase I has started production with three new production lines.

Anhui Heli Co., Ltd. (Anhui Forklift Group) is building the Heli New Energy Intelligent Industrial Vehicle Industrial Park in Hefei, Anhui, with a total investment of 1.04 billion yuan ($145 million). The project is scheduled for completion and production in Q1 2025.

WEG announced an investment in a new factory in Türkiye focused on the production of gearboxes, aiming to increase its product portfolio and strengthen its position in Europe.

Shenzhen NKS Power Technology Co., Ltd. broke ground on a new factory in Jiangxi, China, to produce intelligent high-voltage cable accessories and electrical insulation parts. The $45 million project is scheduled for completion and production by July 2025.

Novares inaugurated a new 20,000 sqm plant in Cerhovice, Czech Republic, on December 18, 2024, replacing a facility destroyed by fire. The plant has 32 injection machines and 5 robotized lines, serving customers like BMW, Stellantis, Toyota, and Tesla.

Dongguan Saipu Electromechanical Device Co., Ltd. launched a new production facility in Foshan, Guangdong, to increase manufacturing capacity for hot melt glue machines.

Fortex & Co opened a full-cycle knit fabric factory in Podolsk, Moscow region, with an investment of 800 million rubles, producing 2,000 tons or 4.5 million linear meters of knit fabric per year for mattresses.

Preformed Windings unveiled a new state-of-the-art facility in Sheffield, South Yorkshire, on December 6, 2024, for the production of high-voltage diamond coils for motors and generators.

Qemtex Chemical Holding has launched a new powder coatings plant in the Umm Al Quwain Free Trade Zone, UAE, with an initial capacity of 5,000 tons per year, to be doubled to 10,000 tons in a second phase in 2026. The company invested EUR 15.2 million in the project, which includes an R&D center.