Deepak Chem Tech Limited plans to invest Rs 5000 Crore in a greenfield polycarbonate resin plant at Dahej, Gujarat, with a capacity of 165,000 metric tonnes per year. The plant is expected to be commissioned by Q4 FY 2028.
Trane Technologies has put a new Thermo King plant into operation in Suzhou, Jiangsu, with an investment of 300 million yuan ($41.48 million), to produce transport refrigeration products for China and Asia-Pacific markets.
Brazilian packaging maker Wyda Packaging has opened a 15,000 sq ft factory in Charlotte, N.C., to produce recyclable aluminum foil and trays with capacity of 6,000 tons per year.
Panjin Sanli Zhongke New Materials Co., Ltd. is nearing completion of its 100,000-tonne-per-year new materials production project in Panjin, Liaoning, China, and will soon begin trial production. The project, with total investment of 2.1 billion yuan (phase 1: 1.1 billion yuan), produces MMA, PMMA, and n-propanol using a domestically developed ethylene three-step process.
Fischer inaugurated a new production plant in El Talar, Buenos Aires, with an investment of nearly US$10 million, aiming to double production and export 20% by 2026.
The Master Group, a HVAC and refrigeration distributor, opened a new LEED Gold-certified Eastern distribution centre in Saint-Bruno-de-Montarville, Quebec, with a $12 million investment. The facility offers greater storage and expansion capacity than the previous Boucherville location.
Louisville Gas and Electric Company and Kentucky Utilities Company broke ground on Mill Creek 5, a 640-MW natural gas combined-cycle generating unit at the Mill Creek Generating Station in Louisville, Kentucky. The unit is expected to begin powering customers in 2027.
Klöckner & Co will build a new aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus, Mississippi. The investment aims to expand higher value-added services for automotive and industrial segments in North America.
Asahi Kasei has started construction on a $1.7 billion lithium-ion battery separator plant in Port Colborne, Ontario, in a joint venture with Honda. Phase one is expected to be complete in 2027, producing enough material for about 1 million EVs annually and creating over 300 jobs.
Grundfos inaugurated a US$2 million submersible pump assembly and testing factory in Jakarta, Indonesia, on 14 November 2024. It will serve as the center of submersible pump production for Southeast Asia.
Poclain moved the historic Comer pump plant from Gaggio to a state-of-the-art facility in Spilamberto, Italy, after investing 9 million euros to optimize quality, productivity and cleanliness. The move was reported on 14 November 2024.
HVAC maker AAON will occupy the former American Snuff facility in Memphis, Tennessee, to produce data center thermal management equipment, investing $238 million and creating 828 jobs over five years.
BSRM Steels will start commercial operation of a new re-rolling mill at Mirsarai on January 1, 2025, with an annual capacity of 0.6 million tonnes of MS Rods, built at a cost of around $217 million.
Palfinger plans to invest €70 million to build a production facility for cranes and hoists in Ormož, Slovenia, with production launch expected in 2028. The government will provide up to 30% of the funds.
Par Systems is building a $20 million, 140,000 sq ft laboratory and production facility in Shoreview, Minnesota, to increase factory capacity by 40%. The facility will be completed in fall 2025 and add 26-30 workers per year.
TverKanaDor is building a full-cycle cable car production plant in the Demidovo industrial park in Tver Oblast, Russia, with investments of about 4.6 billion rubles. The plant will create 350 jobs and is scheduled to launch in March 2025.
AptarGroup broke ground on a new pharmaceutical plant in Taloja, near Mumbai, India. The 4,400-square-meter facility will produce pressurized metered dose inhaler valves, breath-actuated devices, and single-dose nasal sprays, adjacent to its existing Mumbai facility opened in 2023.
German automotive components supplier Mubea inaugurated a new plant in the Amistad Chuy María Industrial Park in Ramos Arizpe, Coahuila, with an investment of $60 million. The facility will produce composite springs for automotive chassis, with production expected to begin in 2025 and create over 200 jobs.
Zhejiang Zenbo Intelligent Machinery Co., Ltd. held the topping-out ceremony for its new factory building for the 'Annual Production of 500 Sets Fully Automatic Intelligent Series Paper Bag Making Machines Project' on November 12, 2024. The facility covers 70 acres with 100,000 square meters of building area.
Amsons Group will construct a new cement factory in Tanga region, Tanzania, at a cost of $190 million, as part of a $320 million investment to boost cement production.
Viet Phap Steel Joint Stock Company held the groundbreaking ceremony for its Steel Production Factory No. 2 in Nam Dinh Vu Industrial Park, Hai Phong, with a total investment of nearly $45 million and annual capacity of 350,000 tons of steel products.
Marel and Beypilic are expanding their partnership with a new greenfield poultry processing plant in Bolu, Türkiye. The 60,000 sqm facility will feature two production lines with Marel equipment, each with a capacity of 15,000 birds per hour.
Walsin's board resolved to increase capital of its Singapore subsidiary by $9.15 million to build a stainless steel wire rod plant in Morowali Industrial Park, Indonesia. The plant will produce 300-series stainless steel wire rods with an annual capacity of 300,000 mt, expected to be completed in Q2 2026 and start mass production in H1 2027.
Dexcom Inc. officially opened its new manufacturing facility in Batu Kawan, Penang, Malaysia, with an investment of RM2.83 billion. The facility is Dexcom's first offshore manufacturing site outside the US and is expected to create over 3,000 jobs.
Spain's Inoxpa Group officially opened its new Inoxpa India plant on a 32,000 square metre site in Khandala Taluka, south of Pune. The facility adds manufacturing, warehousing and office space.
TROX GmbH launched construction on its Asia-Pacific R&D and manufacturing headquarters in Suzhou Industrial Park (SIP) on November 11, 2024. The project, with a total investment of about $70 million, is scheduled to come into operation in 2026.
Chinese auto supplier Westcast Industries is considering a $12 million investment in a new light industrial manufacturing plant in Auburn Hills, Michigan, to supply General Motors, potentially creating up to 100 jobs.
Milwaukee Tool opened a 500,000 sqft manufacturing plant in Grenada County, Mississippi, costing over $60 million and employing more than 800 people. The plant will produce tool accessories such as Sawzall Blades.
VoltAero has officially opened a 2,400 sq m final assembly factory at Rochefort Airport in France for its Cassio 330 hybrid-electric aircraft. The facility has capacity to build 150 airplanes annually.
Kuraray Co., Ltd is investing US$410 million in an EVAL EVOH resin production plant in Singapore. The plant will produce 18,000 tons per year initially, with front-end capacity of 36,000 tons per year, and is scheduled to start operations by end of 2026.
Leoni AG announced a contract with the Egyptian Ministry of Industry to build a new factory in Robiki Leather City, Badr, with an investment of EUR 40 million. The plant will cover 13,000 sqm and create approximately 3,000 jobs.
STULZ USA announced the opening of its third U.S. manufacturing facility in Denton County, Texas, slated to commence operations in 2025. The facility will create over 200 jobs and boost production of precision cooling technology for data centers.
OMB Valves and PME opened a joint venture manufacturing plant in Abu Dhabi to produce OMB's engineered valves for the Gulf oil and gas sector.
Tosoh Group held a groundbreaking ceremony for Vietnam's first MDI chemical production plant at Phu My 3 Specialized Industrial Park in Ba Ria-Vung Tau. The plant requires a total investment of 4.23 trillion VND, covers 12 hectares, and aims for an annual production capacity of 125,000 tons of MDI.
ARDELT Kranbau opened a new production facility in Eberswalde, Germany, on November 8, 2024, increasing its workforce from 30 to 55 employees. The first weld seam for an electric container was drawn at the opening ceremony.
Entergy Mississippi broke ground on the 754 MW Delta Blues Advanced Power Station in Greenville, Mississippi, a $1.2 billion investment. The combined-cycle plant is expected to begin operations in 2028.
TeraPlast Group inaugurated a new stretch film factory in Sărățel, Bistrița-Năsăud County, with a total investment of EUR 18.5 million. The factory has an annual production capacity of over 14,000 tonnes.
Lam Soon (Hong Kong) announced its subsidiary Lam Soon Home Care Products will invest RMB 337 million to build a new home care products manufacturing plant in Conghua Economic Development Zone, China. The new plant is expected to begin operations in the 2026/27 fiscal year.
Daikin Manufacturing Poland will open a heat pump factory in Ksawerów, near Łódź, Poland, in December 2024. The €300 million investment will create up to 3,000 jobs by 2030 and will be Daikin's largest heat pump production facility in Europe.
Saudi Basic Industries Corporation (Sabic) officially opened a $220 million resin manufacturing facility in Pioneer, Singapore, producing Ultem resin. The plant began operating in October 2023 and produces 8,000 tonnes of resin annually.
Saint-Gobain opened a new factory in the Ivano-Frankivsk region of Ukraine, with a capacity of 60,000 tons of gypsum mixes per year, employing 50 people. The investment was $11 million.
Kaneka Corporation decided to build a new catheter plant at its Tomatoh Manufacturing Site in Hokkaido, with an investment of approximately ¥10 billion by affiliate Kaneka Medix Corporation. The plant is scheduled to begin operations in March 2027 and will double production capacity.
SABIC has officially launched a new US$170 million ULTEM resin manufacturing facility in Singapore, its first advanced specialty chemical plant in the region. The facility will increase global ULTEM specialty resin production by more than 50% to serve high-tech industries in Asia-Pacific.
Climaveneta Climate Technologies, a group company of Mitsubishi Electric, is investing ₹400 crore to set up a plant to manufacture industrial chillers at Narsapura in Kolar district, Karnataka, India. The plant will produce central air-conditioning equipment including screw chillers, magnetic levitation chillers, and heat pumps.
Bell Oil and Gas unveiled a 50,000-tonne integrated OCTG pipe threading, valve assembly and composite pipe plant at the Lekki Free Trade Zone in Lagos, targeting an estimated $100m investment over five years.
Esaote Group, an Italian medical imaging company, opened a new manufacturing site in Noida, Uttar Pradesh, India, operated by its subsidiary Esaote Asia Pacific Diagnostic Private Limited. The site will produce ultrasound systems for the Indian market.
Zhejiang Yourun Machinery Manufacturing Co., Ltd. plans to build a plant in Tongxiang City, Zhejiang, to produce 3,000 metal pressure vessels and 300 intelligent industrial robots annually. Total planned investment is 500 million yuan (approx. $70 million).
Bracco Group inaugurated a new multi-functional building called Hexagon in Plan-les-Ouates, Geneva, on 6 November 2024. The EUR 80 million facility will triple production and distribution of an ultrasound contrast agent.
Marotta Controls opened a new 10,000-square-foot facility in Chaska, Minnesota, to design, develop, and manufacture advanced brushless DC motors under the Motorfox brand. The facility supports the company's Control Actuation Systems for aerospace and defense applications.
Polymatech Electronics plans to invest $100 million in a semiconductor manufacturing facility in Bahrain. Phase 1A ($16.5 million) in leased premises starts January 2025; Phase 1B ($83.5 million) on owned land starts October 2026. Announced November 2024.