ESMC, a joint venture between TSMC, Bosch, Infineon and NXP, held a groundbreaking ceremony for its first semiconductor fab in Dresden, Germany. Total investments are expected to exceed €10 billion, with a monthly production capacity of 40,000 300mm wafers and around 2,000 direct jobs.
Hunan Jingchuang Aerospace Technology Co., Ltd. issued an EPC tender for the first phase of an aerospace equipment sheet metal manufacturing base in Yueyang, Hunan, with a total investment of 183.6 million yuan.
Toyoda Gosei announced plans to build a new factory in Halohari, Karnataka, India, for automotive interior and exterior parts, with an investment of approximately 35 billion yen (2.05 billion rupees). Production is scheduled to start in January 2026.
Beyond Fabchem Pvt. Ltd. announced plans to establish a new adhesive tape manufacturing facility in Narigam, Bhavnagar, Gujarat, covering 0.59 acres. The project aims to cater to demand in packaging, automotive, and electronics sectors.
Graham Corporation held a groundbreaking on August 19, 2024 for a 29,000 sq ft, $17.6 million manufacturing facility in Batavia, New York, expected to add 24 jobs and begin operations in summer 2025.
Toyotetsu India Auto Parts Pvt Ltd is investing Rs 450 crore in a new fourth plant in Bidadi, near Bengaluru, to meet growing demand for the Innova Hycross and support Toyota Kirloskar Motor. The project was approved by Karnataka's Single Window Clearance Committee on August 17, 2024.
Midea announced the construction of a new factory in Pouso Alegre, Minas Gerais, Brazil, with an investment of R$600 million. The facility will have a capacity of 700,000 refrigerators per year.
ROMONTA inaugurated a new substitute fuel power plant at its Amsdorf site, with an investment of around €90 million. The plant will process up to 140,000 tonnes of substitute fuels annually and save about 400,000 tonnes of CO2 per year, enabling a coal phase-out by 2025.
ProMed Molded Products announced plans to build a new manufacturing facility in Green Valley Park, Alajuela, Costa Rica. Construction is scheduled to begin in Q4 2024, with operations expected in early Q1 2026.
Novo Nordisk's Pharmatech unit will build a 1.5 billion Danish crown ($221 million) plant in Denmark to produce raw materials for its drugs. The facility is expected to be ready for operation in 2027 and will create around 50 jobs.
Sewis Pump Valve Manufacturing (Zhejiang) started construction on a 350 million yuan project in Haiyan Economic Development Zone to produce 100,000 sets per year of ship, ultra-low-temperature and hydrogen-energy valves, expected to start production in March 2026.
BNM (Zhejiang Bosun New Materials) held a groundbreaking for a new factory in Yueqing's Shanhuan New Park with a planned investment of about 200 million yuan, expected to be completed by end-2025 and create over 300 jobs.
Siemens Gamesa announced the official inauguration of Taiwan's first nacelle plant in Taichung on August 15, 2024. The facility, the largest of its kind in the Asia-Pacific region, will support offshore wind projects including the 1,022 MW Hai Long Offshore Wind Project.
German company PMG received environmental authorization for a new plant in Baíña, Mieres, to produce dual-layer friction coating for synchronizer rings. The line will be relocated from Füssen, Germany, creating 200 new jobs.
Hubei Zhenrun Environmental Technology Co., Ltd. is planning a new facility in Jingmen, Hubei, for the R&D and manufacturing of environmental protection equipment. The project has an investment of 20 million yuan and includes a production line with an annual capacity of 100 sets of wastewater treatment equipment.
Haier Smart Home held a groundbreaking ceremony for an air conditioner industrial park in Chonburi, Thailand. The facility will have an annual capacity of 6 million units, with phase 1 expected to start production in September 2025.
Johnson Controls unveiled its global manufacturing center for York M multistage centrifugal compressors at its Wuxi factory in China, announced August 15, 2024.
Colliers' Herbst|Morgan team finalized a new lease for Altium Packaging on a 28,787 square foot finished goods warehouse in Vancouver, Washington, supporting its regional expansion.
Haier held a groundbreaking ceremony for a new air conditioner manufacturing plant in the WHA Eastern Seaboard Industrial Estate 3 in Chonburi, Thailand. The investment is over 10 billion baht (approx. $280 million), with a planned capacity of 6 million units per year and expected to create 3,000 jobs.
Siemens inaugurated its Mitras production plant in Santa Catarina, Nuevo Leon, with an investment of MX$1.1 billion (US$57.7 million). The 19,249 m² facility will produce plastic injection parts, with a capacity of 874,000 pieces daily, and is expected to create 450 direct jobs.
Insulet Corporation celebrated the grand opening of a new 400,000-square-foot manufacturing facility in Johor Bahru, Malaysia, for production of the Omnipod 5 Automated Insulin Delivery System. The facility represents a $200M investment and currently employs over 350 people, with plans to grow to more than 1,000.
The European Commission approved a €99.5 million Romanian state aid measure for Nokian Tyres to build a zero-CO2 tire factory in Oradea, Romania. The total investment is about €650 million, with capacity of 6 million tires per year and 500 jobs. Construction started in May 2023, first tire produced July 2024, commercial production early 2025.
Developer Ashley Capital leased the first half of the first building at the Flint Commerce Center, the former Buick City site, to GM supplier Victory Packaging as its first new tenant, reported on August 14, 2024.
Joint Oil and Gas Group, a resident of the Titanium Valley special economic zone, received permission to build a plant making industrial gas equipment and gas and condensate processing equipment, with 3.5 billion rubles of investment and 150 jobs; construction starts in autumn 2024 and completion is planned for 2026.
Holcim Building Envelope announced plans to build a 300,000-square-foot Malarkey Roofing Products manufacturing facility and warehouse in Franklin, Indiana. The plant will create about 200 jobs and production is planned to start by mid-2026.
NTS Amega Global will open a new facility in Lafayette, USA, in Q3 2024 to enhance US repair and manufacturing capabilities.
NTS Amega Global plans to expand its machine shop network with a new facility in Abu Dhabi and will open a new facility in Lafayette, USA, in Q3 2024.
PGI Nanhai Nanxin Nonwoven Fabric Co., Ltd. started construction of a non-woven fabric production project at the Guangdong Medical Nonwoven Fabric Production Base in Jiujiang, Nanhai. Total investment is about $80 million, with the first phase of $34 million expected to be completed by end of next year.
Mitsubishi Electric established MELCO HVAC US Inc. and will invest approximately $143.5 million to build a factory for manufacturing air conditioning compressors at the Maysville, Kentucky facility of Mitsubishi Electric Automotive America. The plant is expected to receive a $5,000 million grant from the U.S. Department of Energy.
Dezhou Guanlu Precision Machinery Co., Ltd. moved into a new plant in Dezhou, Shandong, China. The facility covers about 70,000 square meters with four heavy-duty workshops capable of assembling 400-ton machines.
LuxWall officially opened its new clean-energy manufacturing compound in Litchfield, Michigan, featuring the world's first high-volume vacuum-insulating glass production facilities. The $165 million investment is expected to create 450 jobs in the state.
Berger Paints will invest around Rs 2,000 crore in two greenfield projects: one at Panagarh, West Bengal (Rs 600 crore, commissioning by end-2025) and one in Khurdha, Odisha (Rs 1,400 crore, commissioning in mid-2027). The Panagarh facility will be an industrial and construction chemical-based plant.
Residence Cement Company will establish a cement factory in Gwana district, Bauchi State, with a $1.5 billion investment. The factory will produce 10 million tons of cement annually, with construction starting in Q1 2025.
Mechanical Repair Complex (MRK), part of MMK Group, is building a new plant for heavy machinery products with investments over 5 billion rubles, creating over 450 jobs. The plant will produce over 10,000 tonnes of machinery per year, with opening expected in Q4 2025.
Hunan Xiangtou Light Material Technology Co., Ltd. announced plans to build a new production line in Changsha with an annual output of 200,000 aluminum-ceramic brake discs for passenger vehicles. The total investment is approximately RMB 43.8 million, with a construction period of 8 months.
Baoshan Iron and Steel (Baosteel), Baowu Aluminum, and Kobe Steel have formed a joint venture, Kobelco Baosteel Automotive Aluminum Rolled Products, to produce aluminium sheets for automotive manufacturers in China. Kobe Steel holds 50%, Baosteel and Baowu Aluminum jointly hold 50%. Registered capital is RMB 900 million ($125 million). Production facilities are planned in Tianjin and Henan province.
Xi'an Triangle Defense Incorporated plans to establish a joint venture, Xi'an Sanzhong Aviation Technology Co., Ltd., to build a 1000MN/1250MN precision intelligent forging production line. The company will invest 390 million RMB for a 43.33% stake.
Recorp is launching a new $130 million can manufacturing facility in South Auckland on 9 September, offering low minimum order quantities of 30,000 printed cans.
West International Holdings Ltd began construction of a UGX730m cement factory in Buikwe district, Uganda, with a capacity of 4,000 tpd, expected to employ 1,800 staff and be completed in 12 months.
Quimicolor has inaugurated a high-speed spunlace nonwoven fabric plant in Guarne, Colombia, with an investment of $9.8 million. The plant has a capacity of 10,000 tonnes per year and is expected to create 40-50 new jobs.
Oriental Yuhong held a groundbreaking ceremony on August 9, 2024, for a new production, R&D, and logistics base in Prairie View, Texas. Phase I includes TPO waterproof membrane production lines and a North American R&D center, expected to be completed in 2025, creating about 100 jobs.
Shibuya Kogyo announced the construction of four factories in Kanazawa and Nomi, Japan, with a total investment of about 17.5 billion yen. The factories will produce PET bottle aseptic filling systems and artificial dialysis systems, with construction starting from July 2025 and completion by January 2027.
Shibuya Corporation announced plans to invest a total of JPY 17.5 billion to build four factories in Kanazawa and Nomi, Ishikawa Prefecture, Japan. Three factories will produce beverage filling machines and one will produce artificial dialysis systems. Construction will start in summer 2025, with completion between June 2026 and January 2027.
Progroup's new corrugated board plant PW15 in Petersberg, near Pirmasens, has been in routine production since early August 2024, with capacity of up to 200,000 tonnes per year and 60 new jobs and training positions.
Adient's Chinese joint venture, Adient Beijing Automotive Components Co., Ltd., held a launch ceremony for its third factory, Adient Hainachuan (Hebei) Automotive Components Co., Ltd., in Xinji, Hebei province, on August 8, 2024. The facility will produce automotive seat covers.
ZC Rubber, China's largest tire maker, held a groundbreaking ceremony for a new $500 million tire plant in Derramadero, Saltillo, Coahuila, Mexico, expected to create over 1,500 direct jobs.
Goodeng Machinery held a grand opening ceremony for its new factory in Rayong, Thailand, on June 15, 2024. The factory covers more than 80,000 square meters and is part of the company's international expansion.
The Bauchi State Government signed a $1.5 billion MoU with Resident Cement Company to establish a cement production plant in Gwana District, Alkaleri LGA, Nigeria. The plant is expected to produce 10 million tonnes of cement annually.
Bobcat has broken ground on a $300 million, 700,000 sq ft manufacturing facility in Salinas Victoria, Nuevo Leon, Mexico, expected to be operational in 2026.
Norelem, a manufacturer of standard components for mechanical engineering, is set to open a new facility in the USA. The location has not been announced.