Aekyung Chemical will invest 96.7 billion won to build a mass production facility for TPC, a key raw material for aramid fiber, at its Ulsan plant in South Korea. The facility will have an annual capacity of 15,000 tons, with mass production starting in January 2026.
Knauf Insulation completed construction of a glass mineral wool factory in Târnăveni, Romania, after an investment of approximately EUR 140 million. The facility will be inaugurated by the end of 2024 and will have a production capacity of over 100 million square meters or 75,000 tonnes of mineral wool, creating 100 jobs.
DEVELON celebrated the grand opening of its new North American Customization Plant in Brunswick, Georgia, on September 4, 2024. The facility is 50% larger than the previous plant in Savannah and will handle final assembly and configuration of construction equipment.
Jiangsu Krrass Machinery Co., Ltd. held a groundbreaking ceremony on 4 September 2024 for a new 1000-unit high-performance CNC machine tool intelligent manufacturing project in Honglan Industrial Park, Nanjing. The investment is approximately CNY 500 million, with expected annual output value of CNY 450 million.
Eaton will invest Rs 200 crore to establish a new research and development and global application engineering centre in Chennai's Perungudi, creating 500 jobs.
German company BMZ Group has started construction of a lithium-ion battery factory in the Technological Industrial Development Zone in Skopje, North Macedonia. The €65 million investment is expected to be completed by May 2025 and create up to 1,000 jobs.
VisionPower Semiconductor Manufacturing (VSMC), a joint venture between Vanguard International Semiconductor and NXP Semiconductors, will begin construction of a 300mm wafer fab in Singapore in the second half of 2024, with initial production slated for 2027. The $7.8 billion investment will create about 1,500 jobs and target output of 55,000 wafers per month by 2029.
Havells India has commenced commercial production of cables at its new facility in Vasanthnarasapura Industrial Area, Tumakuru, Karnataka. The company also announced a further expansion of cable capacity at the same site.
Hitachi Energy announced a new manufacturing unit in Brazil as part of a 1.2 billion reais investment, planned to be concluded in 2028.
JCB North America is building a grassroots factory on a 400-acre site in San Antonio, Texas, to manufacture telescopic handlers and aerial platforms. Construction began in June 2024, with commercial production expected in 2026.
Xin Point Group started construction of its second overseas factory in Seremban, Negeri Sembilan, Malaysia, focusing on injection molding, electroplating, spraying, and assembly. The factory will start operation before the end of 2025.
Altium Packaging opened a bottle blowing facility adjacent to Milo's Tea Company's plant in Bessemer, Alabama, to produce its one-gallon containers, creating 35 jobs. The facility began operations in summer 2024 and was formally opened September 4, 2024.
Valve maker Broen is setting up a highly automated factory in Assens to produce Ballomax medium-sized valves for district heating and natural gas, with production moving back from Poland and starting from November.
Benteler Automotive is planning to build a new 316,965-square-foot battery components assembly plant in Wyoming, Michigan, for Ford transit van battery components. The $105 million investment is expected to create 170 jobs.
Agility Robotics' RoboFab facility in Salem, Oregon, will begin producing Digit humanoid robots by the end of 2024. The 70,000 square foot factory opened in late 2023 and aims to produce 10,000 robots per year at maximum capacity.
HD Hyundai Electric broke ground on a new factory for low and medium-voltage circuit breakers in Cheongju, South Korea, with an investment of 120 billion won ($89 million). The smart factory is scheduled for completion by October 2025 and will have an annual capacity of 6.5 million circuit breakers by 2030.
Valeo inaugurated the new Valeo Mobility Technical Center (VMTC) in Empresalia, Querétaro, the first of its kind in the Americas. The facility currently employs 102 engineers and plans to grow to 500 in two to three years.
Companhia Siderúrgica Nacional (CSN) will invest approximately $530 million to build a cement plant and a limestone plant in Itaperuçu, Brazil. Construction is set to begin in 2025, creating 3,000 jobs.
Ramkrishna Forgings Limited received board approval to establish an aluminium forging facility in Jamshedpur with an investment of ₹57.5 Crores, primarily for the EV market, with an installed capacity of 3,000 MT per annum.
The Union Cabinet approved Kaynes Semicon Pvt. Ltd's plan to set up a semiconductor assembly, testing, marking, and packaging (ATMP) unit in Sanand, Gujarat, with an investment of nearly ₹3,300 crore. The plant will have a capacity of 6.3 million chips per day.
Mitsubishi Heavy Industries Thermal Systems established MTH Factory No.1 at its Kobe Shipyard & Machinery Works in September 2024 to increase production capacity for centrifugal chillers.
Hien held a groundbreaking ceremony on September 29, 2024 for its Future Industry Park in China. The facility is expected to be completed by 2026 with an annual production capacity of 200,000 sets of air-source heat pump products.
Global defense and aerospace company Saab will establish a new integration and assembly facility in Grayling Township, Michigan, bringing high-wage jobs to support the U.S. defense sector.
New Concept Mining (NCM), part of Epiroc, launched a Hydraulic Rock Drill (HRD) manufacturing plant in Aeroton, Johannesburg, on September 13, 2024. The plant targets production of about 12 units per day, scalable to 100 units per day.
Ecolab officially opened a new Polydadmac reactor at its Darra manufacturing site in Australia on September 12, 2024. The facility produces a chemical used for water treatment and was supported by the Australian Federal Government, creating jobs and upskilling opportunities.
FANUC America unveiled a new $110 million robotics and automation campus. The article does not provide further details on location or timing.
Kromberg & Schubert announced a new project, 'Kromberg & Schubert 2', a 35,000 square meter plant in Béja, Tunisia, expected to generate over 4,000 new jobs. Construction is to be completed by February 2025, with recruitment starting in March 2025 and operations beginning between June and July 2025.
Shanghai Baosteel Packaging Co. announced a total investment of about 452 million yuan to build an intelligent two-piece can production base in Tongan district, Xiamen, Fujian, with a design capacity of 1.1 billion cans per year. The project will be executed through a new subsidiary, Xiamen Baosteel Can Making Co., and takes about 16 months to build.
Tai'an Group Luneng Intelligent Power Transmission and Transformation Base Project officially commenced operations on August 30, 2024, in Tai'an City. The facility has an annual capacity of 2,000 switchgear sets and 14,000 tons of transformer oil tanks, with a total investment of 1.2 billion yuan, and is expected to create 600 jobs.
Pilatus Aircraft signed an agreement to develop a factory-owned sales, design, and service center at Sarasota Bradenton International Airport in Bradenton, Florida. The 71,000 sq ft facility will initially employ over 50 people and is scheduled to be operational by mid-2026.
Resonetics inaugurated its second manufacturing plant in Coyol Free Zone, Alajuela, Costa Rica, with a $10 million investment. The 54,000 sq ft facility will create 300 jobs over three years, complementing existing operations.
Sumitomo Electric Bordnetze Tunisia will inaugurate a third plant in Jendouba, Tunisia, costing €27 million, to produce wiring harnesses for BMW and Mercedes electric vehicles, creating 2,500 jobs. Construction started in March 2024, with commissioning expected in 2025.
President Sadyr Japarov launched the Terek Tash clinker factory in Kemin district, Kyrgyzstan, a 1.5Mta cement plant costing US$150 million, built by a consortium of Terek Tash LLC and Zenit LLC.
Saint-Gobain Glass Egypt is establishing a flat glass manufacturing factory in Ain Sokhna, Egypt, with investments of €175 million. The factory is set to be inaugurated in 2026.
Production company Evraton plans to build a full-cycle plant in Voskresensk for alkyd enamels, acrylic, epoxy, and polyurethane coatings, as well as fireproof and self-leveling floors. Investment exceeds 46 million rubles, creating about 20 jobs. Production launch is planned for 2027 with annual capacity of 1,200-2,400 tonnes.
OOO Tekhresurs signed an agreement to build a new laboratory-production center in the Dubna special economic zone for manufacturing aviation fuselage parts, wipers, and fasteners. Investment is 300 million rubles, creating 40 jobs. First phase completion planned for late 2025.
Rime Group inaugurated the Celsius Factory, a state-of-the-art refrigeration manufacturing and assembly facility in Dubai's Jebel Ali Free Zone Area (JAFZA). The factory assembles condensing units and other refrigeration products.
M+S Hydraulik will invest 45 million leva over three years in a second plant in Kazanlak, Bulgaria, expanding hydraulic motor capacity by 30% with a high degree of automation. The company says the investment prepares it for recovery in demand.
ProSomnus announced plans for a new 32,219-square-foot facility in Pleasanton, California, to serve as its global headquarters and manufacturing center of excellence, quintupling manufacturing capacity. Operations are expected to begin in January 2023.
The Sanan STMicroelectronics project in Chongqing, China, with a total investment of about 30 billion yuan, is expected to start production in August 2024, two months ahead of schedule. The project includes a silicon carbide substrate factory operated by Sanan Optoelectronics and a chip factory jointly owned by Sanan (51%) and STMicroelectronics (49%).
Baofeng Precision Machinery (Guangdong) Co., Ltd. is completing a smart equipment production base in Yanghe, Gaoming, Foshan, with an investment of 2.2 billion yuan (2024 plan 2 billion yuan), expected to start production in September 2024 and generate annual output of 400 million yuan.
Kazankompressormash is building a 9,000 sq m complex at the former Zelenodolsk machine-building plant to assemble large compressors for natural gas liquefaction. The complex is 80% complete and is expected to start operating in 2025.
Ebara Elliott Energy opened a 4,437 sq m turbomachinery service center in Suryacipta City of Industry, Karawang, West Java, through its joint venture PT Ebara Turbomachinery Services Indonesia. It will repair turbines, compressors and pumps for Southeast Asian energy customers.
Autoneum opened a new production facility in Pune, Western India on August 28, 2024. The plant produces carpet systems, interior trim, and noise protection components for automotive manufacturers.
Kyocera held a groundbreaking ceremony on August 28, 2024, for its new Nagasaki Isahaya Plant in Isahaya City, Nagasaki Prefecture. The company plans to invest approximately 680 billion yen by fiscal year 2028, with the facility opening in fiscal year 2026 and production starting sequentially.
Unconfirmed reports indicate Haier plans to invest CNY2.5 billion ($350 million) to build a smart manufacturing air conditioning factory in Qingdao, China, with capacity of 5 million units per year. First phase expected in September 2026.
QSM Semiconductores plans to open a semiconductor manufacturing plant in Querétaro, Mexico, in 2025. The company will invest $12 million and create 160 jobs across three units.
Diehl Aviation laid the cornerstone for a new production and office site in Querétaro, Mexico, on August 27, 2024. The facility will initially cover over 8,200 square meters, with production of luggage compartments for the Airbus A220 expected to start in 2025.
Western Smokehouse Partners will open a new 300,000 square foot meat snack manufacturing plant in Mexico, Missouri, investing $60 million and creating 250 jobs. The facility is set to launch operations in August 2025.
FEAL completed a new plant in Cerno near Ljubuški, Bosnia and Herzegovina, for machining profiles and producing pre-assembled aluminum substructures for solar power plants. The investment was 5.5 million EUR.