Advanex (Thailand) Limited held the groundbreaking ceremony for its new manufacturing facility at WHA Eastern Seaboard Industrial Estate 2 in Chonburi on July 1, 2024. The company manufactures springs for automobiles, air conditioners, electrical appliances, and automotive parts.
Hokko Chemical announced on July 5, 2024, it will build a new photoresist production facility, Okayama Plant Synthesis No. 10, at its existing Okayama site in Tamano, Okayama Prefecture. The investment is approximately 45 billion yen, with construction starting August 2025 and completion expected December 2026.
Murugappa Group's TI Medical was allotted 11 acres in Noida's Medical Device Park to set up a factory manufacturing fluid analyzers, nebulizer kits, dialysis machines, and other medical devices. The company plans to invest Rs 215 crore. Announced July 5, 2024.
Germany's Epsotech and Belgium's AIM plan to invest €20 million in a new facility in Skopje, North Macedonia, creating over 110 jobs. Construction is expected to begin in August 2024.
Suncall is building a new factory at its Hirose Plant in Toyota City, Aichi Prefecture, to strengthen its EV parts business, with an investment of approximately 17 billion yen. Operations are expected to begin by the end of 2024.
Tata Hitachi, a joint venture of Tata Motors and Hitachi Construction Machinery, established a plant to manufacture earth-moving equipment at Kharagpur, West Bengal. The lease agreement was signed in 2007 and the plant now employs over 2,100 people.
KDK Automotive inaugurated a second factory in Borja, Spain, with an investment of EUR 30 million. The plant will double production capacity for electric vehicle components and is expected to create 150 new jobs by end of 2027.
Doosan Tesna announced plans to invest 220 billion won to build a new semiconductor test factory (Pyeongtaek Plant 2) in Pyeongtaek, Gyeonggi Province, South Korea. Construction is to begin by end of 2024 and be completed in the first half of 2027.
Sierra Aluminum, a subsidiary of Samuel, Son & Co., completed construction of a 350,000+ square foot greenfield facility in Mexicali, Mexico. The facility shipped its first order at the end of June 2024 and houses extrusion and finishing equipment.
Guangdong Energy Group's combined heat and power plant in Huizhou, powered by two GE Vernova 9HA.01 gas turbines, has started commercial operation. The plant can supply up to 1.34 GW of electricity and steam for industrial processes.
Weifang Yixing Textile Materials Co., Ltd. is investing CNY 390 million to build a plant with annual capacity of 12 million meters of microfiber synthetic leather in Weifang, Shandong. The project will create 600 jobs.
Hebei Shipu Machinery (Shiputec) completed and launched a new state-of-the-art factory, enhancing its production capabilities. The announcement was made on July 4, 2024.
Cretex Medical broke ground on a 65,000-square-foot medical device component manufacturing and assembly facility in Cartago, Costa Rica. The plant is expected to begin operations in Q3 2025, with an investment of over $20 million.
TECHNORED plans to launch a new production facility for industrial robots in Moscow by the end of 2024. The company aims to increase production capacity from 530 to 1,500 units per year by 2025, and to 12,000 units by 2030.
GMP (General de Manipulados Plásticos SA) is constructing a new industrial plant in Castellar del Vallès, Spain, with an investment of €12 million. The plant will create 60 new jobs and triple production capacity to 15,000 tons per year, expected to be fully operational by end of 2024.
DN Solutions signed an MoU to invest over 100 billion KRW by 2030 to build a new factory and R&D center in Bengaluru, India, with completion expected by 2026.
Passion IoT (PaiXun Intelligent) inaugurated a new production base in Bengbu, Anhui, covering 4,000 sq m, to expand capacity for smart warehouse solutions.
DAK Americas announced a new multi-million dollar Polyester Staple Fiber manufacturing facility at Port Bienville Industrial Park in Hancock County, Mississippi. The facility will produce 230 million pounds per year of PSF and create 86 new jobs.
Komatsu plans to build a 225,000-square-foot sales and service center for mining equipment in Mesa, Arizona, on 25 acres at the Mesa Ellsworth business park. The facility is expected to be completed in spring 2026.
Prysmian is investing $500 million in a new medium voltage cable production facility at Encore Wire's McKinney Campus in Texas, expected online in 2027, creating 120 new jobs.
The U.S. Department of Commerce announced preliminary terms to provide up to $6.7 million in CHIPS Act funding to Rogue Valley Microdevices for construction of a MEMS and sensor foundry in Palm Bay, Florida. The facility is expected to nearly triple manufacturing capacity and create over 75 jobs.
DATRON AG celebrated the topping-out ceremony on June 28, 2024 for its new headquarters at 'Am Innovationsfeld 1' in Ober-Ramstadt, Germany, which will consolidate four existing sites and expand manufacturing capacity. Completion and move-in are planned for spring 2025.
JUMO is constructing a new SENSILO plant in the Fulda-West Technology Park, with a €50 million investment. The facility is on schedule for relocation in October 2024.
Dalgakiran Compressor Ukraine opened an energy equipment manufacturing plant in the Kyiv region in July 2024, focused on gas-fired cogeneration units and generators. UAH 400 million was invested in completing construction.
Rexa Inc, a maker of electronic components and industrial valves, plans a $33 million project including a 110,000 sq ft building on West Grove Street in Middleboro, relocating from West Bridgewater and creating 25 new jobs. The plan was presented to the select board on 1 July 2024.
Dawn Group held a groundbreaking on July 1, 2024 for a high-end stainless steel pump and valve intelligent manufacturing project in Longkou, run by its joint venture Dawn Precision Intelligent Company. The planned investment is CNY 522 million and the project is due to reach full capacity by January 2026.
Daowen Group and Yantai Longgang Pump held a groundbreaking ceremony on 1 July 2024 for a stainless steel pump and valve intelligent manufacturing project in Longkou. The project has a planned investment of CNY 522 million and is expected to produce 27,000 tons of stainless steel castings a year.
Ananta Group will invest $70 million to build a synthetic knit fabric manufacturing facility named Ananta Knitwear Limited in Narsingdi, Bangladesh. The plant aims to produce 60 tons daily, create 2,000 jobs, and start production by end of 2025.
OOO Evroklima Rus Production plans to build a refrigeration equipment plant in the Kaluga SEZ, creating 50 jobs initially and up to 100 at full capacity. The investment is about 300 million rubles.
Topcon Positioning Systems announced a new state-of-the-art manufacturing facility in Geisenheim, Germany, for its Topcon Electronics operation. A groundbreaking ceremony was held on April 16, 2024. The facility will be owned by Topcon and is expected to triple production capacity.
Singapore-based Silicon Box has selected Novara, Piedmont, Italy for a new 3.2 billion euro ($3.42 billion) chip factory to produce chiplets using advanced packaging. The deal is government-backed.
VSMPO-Avisma will build a rolling mill complex in the Titanium Valley special economic zone in Verkhnyaya Salda. The plant will produce small-diameter products for aviation, shipbuilding and medicine. Investment is 30 billion rubles, creating 300 jobs. Construction starts in 2025, production launch in late 2028 or Q1 2029.
SMC Diode Solutions celebrated the opening of its second power discrete fab in Nanjing, China. The 300,000-square-foot facility will produce 1.2 million silicon wafers and 60,000 silicon carbide wafers per year, quadrupling total production. Volume production began 21 months after groundbreaking in September 2022, with shipments starting Q4 2024.
Furong New Materials (Furong New Materials Co., Ltd.) started production of the first Bruckner film production line at its new Chengdu base in Qingbaijiang District, Chengdu, China. The base is the company's fifth production base, with a total planned investment of CNY 1.6 billion and four lines expected to be fully operational by 2026, reaching an annual capacity of 200,000 tons.
Viega is building a $200 million, 180,000 square foot manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, expected to be operational in early 2025. The plant will expand its North American production.
BEUMER Group is investing over INR 2 billion in a new state-of-the-art production facility in Reliance MET City/Jhajjar, Haryana, India. The foundation stone was laid on June 27, 2024, with inauguration scheduled for September 2025.
PMG will build a new plant in Vega de Baíña, Mieres, Spain, to produce Dual Layer friction coatings for synchronizer rings. The production line will be relocated from its Füssen, Germany plant, which is closing on June 30, 2024.
Tezmaksan has completed a new factory in Sivas, Turkey, with €15 million in technology and €2.5 million in construction investments. The factory, designed as a 'dark factory' with robot automation, will increase production capacity and exports. The opening ceremony is on June 8, 2024.
WestRock broke ground on a highly automated corrugated box plant in Pleasant Prairie, Wisconsin, a $140 million project with more than 580,000 square feet, expected to open in April 2025. The plant is one of WestRock's superplants and will lead to the closure of a North Chicago, Illinois facility.
Shape Corp. celebrated the opening of a 202,000 square-foot plant in Southpoint Industrial Park, Limestone County, Alabama. The $74 million facility will produce lightweight aluminum and steel crash management and structural components for automobiles.
BeiYi Semiconductor Technology (Guangdong) Co., Ltd. has started construction of a third-generation semiconductor power device project in Jianhu County, with a total investment of 1 billion yuan. The project will produce 1.25 million semiconductor devices annually when fully operational.
GROB inaugurated its sixth production plant in Bangalore, India. The €8 million facility spans 5,000 m² on an 80,000 m² property and will produce machining centers and automation systems.
NETZSCH Pumps & Systems is expanding in Western Canada with a new 11,500 sq ft assembly, sales and service facility in Calgary, Alberta. The site is meant to serve the energy sector and other industries closer to customers.
Progreso inaugurated a new predosified plant in Sanarate, El Progreso, Guatemala, with a $15.8 million investment. The plant produces dry mortars and special coatings, with a first-line capacity of 370,000 tons per year.
The Weir Group officially opened a new foundry in Xuzhou, China, as part of its ESCO global foundry network. The $60 million facility expands capacity for manufacturing ESCO ground engaging tools and replaces an existing nearby foundry.
PT Prodia Diagnostic Line (Proline) is building a second plant in Kawasan Industri Jababeka, Cikarang, Indonesia, with a capex of Rp 140 billion. The plant will increase production of in-vitro diagnostic products.
Euronics is launching a 150,000 sq-ft manufacturing plant for washroom automation accessories in Gurugram, India, with an annual production capacity of 200,000 units. The plant represents a Rs 100 crore investment and will become operational in June 2024.
Kovalus Separation Solutions is investing over $20 million in a new 140,000 sq-ft spiral membrane element assembly facility in Mexico. The plant will increase spiral membrane production capacity by 50% and is expected to begin operational qualification in late 2024.
French glass and building materials manufacturer Saint-Gobain filed a proposal to set up a new $40 million glass factory in Sadat City, Egypt, with the entire investment funded from abroad. This will be the company's fourth glass plant in Egypt.
Westrafo announced the future opening of a new North American production facility in Trotwood, Ohio, for medium voltage transformers and energy solutions. Production is expected to start in July 2025, with a capacity of 12 GW per year by 2027.