THIMM Group plans to invest 400 million euros over five years in automation, digitalization, modernization and expansion of all its locations.
Honeywell confirmed a $400 million investment to expand its operations in Mexico at Chihuahua, according to the state government's secretary general. The announcement was made in May 2022.
Hongde (301163.SZ) board approved using over-raised funds for a 165 million yuan project in Tongzhou, Jiangsu, to build small and medium high-end components. The project is expected to add 15,000 tonnes per year of key parts for wind power and pumps and valves.
Pump maker Allweiler announced investments of around €30 million at its Radolfzell site in Germany, aiming to secure the location amid ongoing restructuring.
Vidrala is investing £75 million in a national distribution hub for the UK and European beverages industry, to be used by parent subsidiary Encirc, as reported in May 2022.
Martinrea announced a $45 million investment to open a new plant in Ramos Arizpe, Coahuila, Mexico, adding 350 jobs and raising output toward 30 million parts per year within three years.
The Viessmann Group announced it will invest €1 billion over the next three years to expand its heat pump and green climate solutions portfolio, including manufacturing footprint and R&D labs.
Orora Beverage announced in May 2022 an investment of $85 million to expand can body production capacity at its Revesby plant in Sydney. It is part of about $200 million in can production investment over three to four years.
Crown Packaging Manufacturing will invest just over €30 million to convert its Agoncillo plant in La Rioja from steel to aluminium beverage can production, with production expected to start in Q1 2023. The 250 workers' jobs are secured.
Shipham Valves, a East Yorkshire valve maker now independent after leaving Wärtsilä, completed a spring 2022 investment programme buying eight new machines and pressure testing equipment.
Bristol printer Philtone fitted a Compact Foilers CF10000 PM cold foiling system to its five-colour Speedmaster XL106 press to produce foil-finished carton board packaging for a contract win.
Linde Hydraulics is investing EUR 50 million in 50 projects across its German sites, including its Aschaffenburg main plant, the Ballenstedt valve factory and the AB-GUSStech foundry. The programme is to be completed by 2025.
Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
Diageo will invest £40.5m to expand packaging capacity at its Belfast and Runcorn sites, including a canning line producing 72,000 cans per hour in Belfast. Construction starts immediately, with capacity expected online in 2023.
Formex Industries announced a R102 million investment to buy and upgrade a new facility in Struandale, Gqeberha, to supply VW South Africa with over 20 automotive components and buy a large auto transfer press.
Mondi announced a €280 million investment in corrugated packaging, including about €185 million across its central and eastern European Corrugated Solutions plant network to expand production and automation. The investment includes €95 million at its Świecie containerboard mill in Poland.
MM Group signed a EUR 65 million syndicated green loan classified as sustainable, financing the rebuild of a board machine at its Neuss site in Germany.
International Paper announced a 100 million MAD (about 10 million EUR) investment in its Morocco facilities for 2022, including new equipment at its Tangier box plant to add about 55 million fruit and vegetable trays annually and enable large boxes for automotive customers.
Baker Hughes announced an investment in San Francisco-based GreenFire Energy, leading its Series A financing, and will take a board seat while the companies collaborate on retrofitting wells for geothermal power.
Brazilian group Klabin will invest R$188 million at its Horizonte facility in Ceará state to add 80,000 tons per year of capacity from 2023, mainly serving the Northeast fruit market.
EnerMech invested USD 30 million in new equipment including compressors, air dryers, nitrogen units and fluid pumps across its global locations. It also agreed a strategic deal with an air drilling services provider giving access to up to USD 15 million of equipment.
Daikin Air-conditioning India, a subsidiary of Daikin Industries, signed a land deal for a third factory with an investment of INR 1000 crore. The article mainly covers a new split AC range and the investment figure is reported in the headline.
Maximator GmbH's hydrogen refueling station business is being spun off as Maximator Hydrogen GmbH in Nordhausen, Germany, backed by an investment of 18 million euros for plant expansion and product development.
Magic Pack (Gruppo Happy) obtained a 13 million euro seven-year loan from Finlombarda and Cassa di Risparmio di Bolzano to fund investments including new production capacity and recycling lines for expanded polystyrene food containers. The plant is in Gadesco Pieve Delmona, Italy.
Molson Coors' Burton brewery in the UK has received a new high-speed filler for its canning line as part of a £25m investment by the company.
Hoffmann Neopac has invested €4 million (US$4.5 million) in a new tin production line for baby milk powder at its Netherlands facility. The line is already operating and serving a major customer.
Schumacher Packaging plans to invest around 700 million euros by 2025, including 300 million euros in Germany, to expand corrugated board plants and paper mills and create around 500 jobs.
Juhua Co. board approved two fixed-asset investment projects at its electrochemical plant: a 48kt/a VDF expansion (CNY 979 million) and PVDF projects (CNY 693 million), expected to be completed and operational in Q4 2023.
International Paper announced a $40 million investment in its corrugated packaging plants in France and Spain, adding new production lines to raise capacity in Europe, the Middle East and Africa by about 10%.
Maadaniyah began its share subscription and rights trading on November 29, 2021 to increase capital from SAR 234 million to SAR 354 million. SAR 65 million of the proceeds will fund new projects.
Schumacher Packaging plans its largest investment program, about EUR 700 million by 2025 with EUR 300 million in Germany, to expand corrugated board plants and paper mills and add renewable energy. The plan aims to create around 500 jobs and lift sales to EUR 1.3 billion by 2025. Reported November 25, 2021.
Schumacher Packaging plans to invest about €700 million by 2025, including €300 million in Germany, to expand corrugated board plants and paper mills. The program is expected to create around 500 new jobs.
Labatt Breweries of Canada announced a C$461.5 million capital investment program for 2019-2022 covering sustainability, innovation and production upgrades at its breweries nationwide. A major part is the KeelClip packaging system at its London and Montreal breweries.
Schaeffler India signed an MoU with Tamil Nadu's investment agency Guidance to invest over INR 300 crore in a new greenfield plant in Hosur over four years. The plant will manufacture transmission components for conventional and electric vehicles and is expected to employ 300 people.
Packaging firm Coveris invested £500,000 in new hi-tech equipment at its Hartlepool plant to produce branded tamper-evident bags for Covid-19 test kits, creating 20 new jobs.
Canadian packaging maker CKF Inc. announced investments to substantially increase thermoformed moulded fibre production capacity, with a new wing at its Langley, British Columbia pulp facility slated to be operational by Q3 2022.
Coca-Cola Canada Bottling Ltd. plans to invest nearly $11 million in its Calgary manufacturing facility to add capacity and install new packaging equipment, with expansions expected to be operational by March 2022.
Laakirchen Papier AG and Heinzel Holding GmbH approved an investment program of well over 100 million euros to convert paper machine 11 at Laakirchen into a lightweight recycled containerboard machine. Containerboard products are expected on the market from mid-2023.
Palaplast is entering PVC pipe production by acquiring facilities and mechanical equipment from a large company in the sector in Thebes. The investment aims to expand its product range and increase production capacity by up to 50%.
Owens-Illinois will invest $180 million in two new glass packaging factories in Brazil, starting operations in the third quarter of 2023 and adding more than 650 million units per year of capacity; exact locations are still being discussed.
Spanish paper and packaging group SAICA plans to invest $800 million over the next five years to expand in the US market, via acquisition or new plant construction, while building a corrugated paper plant in Hamilton, Ohio due to open in early 2022.
Haskel Hydrogen Systems received a multimillion-dollar investment from parent Ingersoll Rand to treble the capacity of its Sunderland site and fund international expansion. The amount was not disclosed.
Hitachi Astemo will invest 56 million dollars over two years to improve industrial safety at its Lerma plants in Mexico, creating 480 new jobs, the state governor announced.
Danfoss Power Solutions announced it is investing more than EUR 100 million in additional capital expenditure to support organic growth, including capacity increases and localization in its Hydrostatics division.
Russian paper producer JSC Volga launched a new investment project worth 5 billion rubles to produce container types of paper and cardboard. The company reported 2020 output of 276,099 tons.
Hengli Hydraulic plans to issue new shares to as many as 35 institutional investors to raise CNY5 billion (USD773 million), with funds going to projects in Mexico, Changzhou and working capital.
Party Decor has taken delivery of a Konica Minolta PKG-675i inkjet printer to support its new cardboard products business, which makes shipping and decorative boxes.
Moscow Region Development Corporation (KRMO) and AVK Armatura signed an investment agreement for a shut-off valve manufacturing complex in the Yesipovo industrial park, with investment above 1 billion rubles and at least 80 jobs.
Ampo plans to spend about EUR 3 million on upgrades to its valve plant in Idiazabal, Spain, including new high-pressure test benches. The company also says it invests roughly EUR 0.5 to 1 million a year at the site.
Qingdao Todo Rubber completed a 2020-2021 equipment investment program adding 10 sets of vacuum vulcanizing machines, now in full production to increase output and shorten delivery cycles.