Ningbo Aux Electric is building a 5 billion yuan air conditioner compressor plant in the Wuhu Economic-Technological Development Zone, targeting 30 million units per year. Trial production is expected by end of 2024 and full production in the first half of 2025.
ANPOLY held a groundbreaking ceremony on October 16, 2024 for a new factory in the Pohang Convergence Technology Industrial District, South Korea. The facility will have a total floor area of 4,429 square meters, involve an investment of 20 billion won, and is expected to be completed in October 2025 with an annual production capacity of over 1,000 tons and create more than 30 jobs.
Naipu Mining Machinery and New Materials announced that the first phase of its Zambia plant became operational on October 16, 2024. The $30 million facility produces compound liner plates and other durable mining gear parts with an annual output of 40 million tons.
Greece-based Flexopack plans a $33 million investment to build its first US plant, focusing on flexible packaging for the food industry.
Tsuyo established a production line for high-wattage EV powertrains for commercial vehicles in India, with an 85,000 square foot facility expected to be operational by Q3 2024, creating about 150 jobs.
Volvo has begun construction of a heavy-duty truck assembly plant in Ciénega de Flores, Nuevo León, Mexico, with a $700 million investment. The plant is expected to start production in summer 2026, producing 25,000 units per year and creating 2,500 jobs.
Italian combi and bakery oven manufacturer Unox plans to open a new production plant adjacent to its current site in Charlotte, North Carolina, next year. The plant will follow the same intelligent and sustainable factory concept as its Italy headquarters.
TTM Technologies is building a $130 million state-of-the-art manufacturing facility in DeWitt, New York, to produce Ultra-High Density Interconnect printed circuit boards for U.S. military applications. The project is expected to create 400 jobs.
Bürkert Fluid Control Systems inaugurated a 50,000 square foot manufacturing facility in Talegaon MIDC, Pune, its third production unit outside Europe. The plant can produce over 30,000 valves and 500 systems annually and is expected to employ up to 32 people by year end.
TXR Robotics, a logistics and robot automation company affiliated with Eugene Group, held a completion ceremony for its Smart Factory and Robot Convergence Research Institute in Saenggok-dong, Gangseo-gu, Busan. The facility has a total floor area of 3,472 m² and will serve as a research and production base.
Proplate, a Swedish steel fabrication company, is investing $1 million to build a new facility in Chunchula, Alabama. The facility is expected to create 30 jobs over three years and will specialize in high-quality steel fabrication.
Stellantis-backed startup Lyten will invest over $1 billion in a lithium-sulfur battery factory in Nevada.
Freudenberg Group commissioned two new plants in Morinda, Punjab, for around Rs 385 crore. The facilities produce automotive seals and NVH components, and will add approximately 200 new jobs.
Uzbekistan's Ministry of Investment, Industry and Trade signed an investment agreement with JSC Arnest Packaging Solutions to build a beverage aluminum can plant in the Navoi Industrial Development Complex. The investment is about $100 million, capacity over 1.5 billion cans per year, with launch planned for autumn 2025.
TekniPlex held a grand opening for its new $17.5 million, 200,000 sq ft egg carton plant in Van Wert's Vision Industrial Park, which is expected to employ about 100 workers. Construction began in June 2023.
Spanish textile manufacturer Nextil will begin operations at a new plant in Fraijanes, Guatemala, with an initial investment of EUR 20 million (about USD 21.8 million). The 12,000-square-meter facility will produce apparel for the US market, with a first-phase production capacity of EUR 30 million (about USD 32.7 million).
ABB officially completed and opened its robot super factory in Shanghai, China, on 2 December 2024. The $150 million, 67,000-square-meter facility is ABB's largest robotics R&D, manufacturing and application base globally, featuring robots building robots.
TSMC has begun construction of its first European facility in Dresden, Germany, a €10 billion investment to manufacture AI chips for Nvidia and AMD, among others. Production is expected to start in 2027.
SCHUNK launched a new Technology Center in Querétaro, Mexico, with an investment of 119 million pesos, focusing on industrial automation, sensor technology, and robotics.
M+S Hydraulic plans a second plant in Kazanlak, Bulgaria, with a total investment of 45 million levs (about 22.5 million euros) over three years. It will raise hydraulic motor capacity by 30%, and a construction contract has been signed with Barrage Group.
Farfly signed a contract on 12 October 2024 to build a 40,000 square meter production base in Xiayuan Industrial Park, Rugao, Nantong, Jiangsu. Construction starts February 2025, completion expected December 2025, with annual capacity of 5,000 units of sand mills and planetary mixing equipment.
Mitsubishi Heavy Industries Dongfang Gas Turbine (Guangzhou) Co., Ltd. has signed an agreement to relocate its entire operations to Dagang Town, Nansha District, investing approximately 620 million yuan in a new 96-mu base to produce F-class gas turbine hot parts and new models like J-type and H100, serving as a service and repair base.
The Arntz Optibelt Group inaugurated the first phase of a new production facility in San Juan del Río, Querétaro, Mexico, with an investment of 500 million pesos (approx. EUR 23 million) and creation of more than 90 jobs. The company plans to invest a total of 1.5 billion pesos (approx. EUR 69 million) by 2027, creating over 600 jobs.
OZ Lifting Products broke ground on a new 40,000 square-foot facility on Innovation Drive in Winona, Minnesota, which will be four times the size of its current building and bring additional job opportunities.
Ciner Glass has signed machinery equipment contracts for a new greenfield container glass plant in Lommel, Belgium. The €600M plant will have two furnaces with a total capacity of 1,300 tonnes per day, creating over 500 jobs.
Aikoku Alpha will build a new factory for industrial hand cranes in Inazawa, Japan, with an investment of about ¥4 billion. The plant is expected to be completed in February 2026 and operational in June 2026, increasing large hand crane production fivefold to 60 units per year.
Nidec Machine Tool's subsidiary Nidec Machine Tool (Zhejiang) Co., Ltd. has completed and started production at a new factory in Pinghu, Zhejiang, China. The plant will produce gear cutting machines, horizontal machining centers, and gear cutting tools, targeting 400 units in the first year and 800 units by 2030.
Edwards Lifesciences is building a new production plant in Moncada, Valencia, with an investment of EUR 150 million. The facility will create 1,200 jobs and is expected to start production in 2027.
Reju, a textile-to-textile regeneration company owned by Technip Energies, opened its first operating unit, Regeneration Hub Zero, in Frankfurt, Germany. Deliveries are expected to begin in 2025.
Kontinent ETS, part of the Uzola Group, opened a factory in Nizhny Novgorod to produce programmable logic controllers (PLCs) for industrial automation, with investments exceeding 400 million rubles.
Ascent Circuits, a subsidiary of Amber Group, will invest Rs 650 crore to set up a PCB manufacturing facility in Hosur, Tamil Nadu, creating over 1,000 jobs and an annual capacity of 840,000 square meters.
Jin Medical International Ltd. has started construction of a new manufacturing facility in Chuzhou, Anhui, China, for wheelchairs and electric wheelchairs. The facility is targeted to operate in 2025.
Tatarstan-based flexible packaging manufacturer Danaflex plans to invest up to 2.5 billion rubles (€24 million) to launch two plants in special economic zones in Kazakhstan and Uzbekistan, with a total capacity of up to 1,800 tonnes per month. A final decision on locations (Almaty or Tashkent) is expected by end of 2024.
Ledermash Stanki signed a tripartite agreement to build a plant for metalworking laser and CNC equipment in the Dubna SEZ, with investments of over 1.5 billion rubles. Construction is planned for summer 2025, with commissioning in Q2 2026, creating 85 jobs initially and up to 150 at full capacity.
RuiNeng Technology (603933.SH) announced plans to invest 500 million yuan to build an industrial automation production base in Jiaxing Nanhu High-Tech Industrial Park, focusing on R&D and production of inverters and servo motors. Construction is expected to start soon, with completion and production in March 2026.
DEJONG, a Rheem subsidiary, has begun construction on a new manufacturing facility in Prešov, Slovakia, for hot water storage tanks. The facility will have an eventual capacity of one million tanks per year, with first products expected in 2026.
ADL is completing construction of its fourth plant in Kolomna, Moscow region, with a 9,600 m² production hall. The plant is expected to start operations in Q4 2024, with investments of about 1 billion rubles and 80 new jobs created.
YKK AP Inc. established YKK AP (JIANGSU) CO., LTD. in Nantong City, Jiangsu Province, China, as a manufacturing site for aluminum profiles. Construction will begin soon, with operations scheduled to commence in October 2026. The paid-in capital is USD 33 million.
Graphic Packaging International is building a recycled paperboard manufacturing facility in Waco, Texas, with machine installation underway. The site is on track to ramp up in late 2025.
Twellium Industrial Company has commissioned a greenfield beverage production site in Kumasi, Ghana, with two complete PET packaging lines installed by Sidel. The plant's water line produces 80,000 bottles per hour.
Eurasian Machinery LLP, an affiliate of Hitachi Construction Machinery, held an opening ceremony on October 8 for a component remanufacturing plant in the Karaganda region of Kazakhstan. The plant will remanufacture components for ultra-large hydraulic excavators, dump trucks, and other mining equipment.
Engineering company BGEN has opened a new factory in Bridgwater, Somerset, to support its £84m electrical and instrumentation contract for the Hinkley Point C nuclear power station. The facility will initially employ 40 people, with plans to create 150 jobs.
Paul Vahle GmbH & Co. KG plans to build a new headquarters and production campus in Kamen, Germany, with total investment of over €60 million. The project includes a four-story office building and modern production facilities on nearly 50,000 square meters, with completion expected by 2027.
JTEKT India Limited (JIN) decided to construct a new plant in Gujarat, India, its eighth in the country. The factory will produce C-EPS, MSG, CVJ, and HUB components, with an investment of 2,500 million INR (approx. 3.5 billion yen). Production is planned to start in 2027, with 600 employees.
KCC Glass officially commenced operations at its newly built glass manufacturing plant in Indonesia, built with a $300 million investment and an annual production capacity of 438,000 tons.
Entegris Korea commenced construction on October 7, 2024, planning to invest KRW 8.5 billion and hire 55 new employees.
Lemi National Cement formally opened a greenfield cement plant built with a $600 million joint venture investment by East African Holding and Western International Holdings. The facility can produce 10,000 tons of clinker per day.
Sustainea and Primient announced a co-location partnership for Sustainea's first Bio-MEG plant in Lafayette, Indiana. The facility represents an investment of around $400 million and will produce renewable, plant-based monoethylene glycol using corn dextrose from Primient's adjacent facility.
Çağdaş Cam has started a new factory investment in Manisa Organized Industrial Zone, worth 200 million TL, to be completed by the end of 2025. The facility will increase production capacity and support employment.
Atlantic Packaging Products opened a new manufacturing plant in Hamilton, Ontario, to increase capacity for packaging customers and create local jobs. The company is hiring for the site.