AO PMFZ signed an agreement with the Kaluga region government to build a machine tool plant in the Lyudinovsky district of the Kaluga Special Economic Zone. The investment exceeds 300 million rubles, with 93 jobs to be created, and production of CNC machine tools is expected by Q4 2027.

Vanguard International Semiconductor (VIS) and NXP Semiconductors announced a joint venture, VisionPower Semiconductor Manufacturing Company (VSMC), to build a new 300mm semiconductor wafer fab in Singapore. The initial phase will cost $7.8 billion and is expected to begin production in 2027.

SOMAR North America Corp. is setting up a manufacturing facility in the former Pactiv building in the Polymer Alliance Zone Industrial Park in Davisville, West Virginia, to produce an epoxy resin product for the automotive sector. The company plans to initially hire 25 employees.

Vanguard International Semiconductor Corporation (VIS) and NXP Semiconductors N.V. announced a joint venture, VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC), to build a new 300mm semiconductor wafer manufacturing facility in Singapore. The initial phase will cost $7.8 billion, with production starting in 2027 and creating about 1,500 jobs.

voestalpine opened a new special steel plant in Kapfenberg, Austria, as part of its strategic projects. The plant is a technological milestone for the steel and technology group.

MT Group inaugurated its first overseas manufacturing center, a valve factory covering 6,000 square meters in Abu Dhabi's AL MARKAZ industrial zone, to localize production and serve Middle East and North Africa customers.

Senior plc's French unit Senior Aerospace Ermeto opened a 1600m² production facility in Fossé, France, increasing Ermeto's manufacturing capacity by 25%. The plant makes industrial valves and high-pressure hydraulic fittings for aerospace and industrial customers.

JCB held an official groundbreaking ceremony for a new 720,000 sq. ft. factory on a 400-acre site in San Antonio, Texas. The $500 million plant will manufacture Loadall telescopic handlers and aerial access equipment, creating 1,500 jobs over five years, with production scheduled to start in 2026.

Baoji Hangcha's headquarters project, including a smart eco-friendly large conveyor production line, was completed and put into operation in Jintai District, Baoji. The first phase invested CNY 130 million, covering 30,000 m², with annual capacity of 80,000 meters of conveyors and 20,000 forklift parts, creating over 200 jobs.

Sony Group announced it has begun construction of a new image sensor factory in Koshi, Kumamoto, Japan, on a 37-hectare site. The plant will manufacture image sensors for cameras and smartphones, with investment decisions for production lines to be made based on demand.

Bombardier is building a new 770,000-square-foot private jet manufacturing facility at Pearson Airport in Mississauga, Ontario, replacing its Downsview site. The $670 million plant includes an assembly building and flight test hangar, with 1,200 employees already moved in and operations expected by mid-2024.

JSC GMS Livgidromash plans to invest RUB 8 billion in a new production complex in the Oryol Region to make medium-capacity pumps for refining, petrochemical, oil and gas, and energy industries. The investment agreement was signed ahead of the St. Petersburg forum, with full capacity expected in 2026.

Clearly Clean Products, LLC will build a new manufacturing facility in Greensboro, North Carolina, with a $24.9 million capital investment and at least 80 new jobs. The plant will nearly double its production capacity for recyclable plastic food trays.

Shimco started construction of a 15,000 sq ft facility in MidParc, Casablanca, Morocco, to manufacture precision parts for aerospace and defense, and secured a long-term contract with Airbus.

FP McCann has opened a new fully automated concrete roof tile manufacturing facility at its Cadeby precast site near Nuneaton, Leicestershire. The £30 million investment has a capacity of 60 million roof tiles per annum and is 100% powered by solar panels.

Russian company Professional is building a new plant for road construction machinery in the Ivanovo Special Economic Zone. The investment is about RUB 10 billion, with RUB 350 million already spent. The plant will create 1,500 jobs and is planned to be completed by 2027.

i-Cow is investing over 100 million RMB to construct the first phase of a project in Suqian, with an area of 36,000 square meters, expected to reach an annual production capacity of over 5,000 heavy-duty mobile robots.

South Korea-based Samkee Corp. opened its first U.S. factory in Tuskegee, Alabama, a $128 million facility that will employ over 170 people and supply parts to Hyundai's Montgomery plant.

Delmarva Corrugated Packaging held the grand opening of its 465,000-square-foot plant in Dover, Delaware, a $91 million investment that created 160 jobs. The plant has been operating since 2021 and is served by the Delmarva Central Railroad.

In the last week of May 2024, the new factory of Guanghan Kelang (part of Chengdu Jingwei Machinery) located in Guanghan, Sichuan, was officially put into operation. The facility will enhance production capacity and product quality for automatic packaging machines.

YTO Group, in partnership with AGF Tratores, will build a tractor factory in Caruaru, Pernambuco, Brazil. Initial investment is R$ 150 million, potentially reaching R$ 500 million, creating 600 direct jobs (up to 3,000). Construction starts in 2024, with operations expected by end of 2026.

YTO Group and AGF Tratores signed a protocol of intentions to build a tractor assembly plant in Caruaru, Pernambuco, Brazil. The joint investment is R$ 150 million, with production capacity of 120 tractors per month and creation of 600 direct jobs. Operations are expected to start by end of 2026.

TDK Hungary Components Ltd., a subsidiary of TDK Corporation, inaugurated a new plant in Szombathely, Hungary. The EUR 70 million investment will produce signal transmitters and sensors for the automotive industry, creating 250 jobs by 2026.

Southern Wall Products plans to invest US$23m in a new gypsum wallboard finishing products plant in Anderson, South Carolina, USA. The plant is expected to be commissioned in June 2025 and will employ 28 people.

STMicroelectronics announced a new high-volume 200mm silicon carbide manufacturing facility for power devices and modules, including test and packaging, to be built in Catania, Italy. The multi-year investment program is projected at 5 billion euros, with 2 billion euros support from the Italian government under the EU Chips Act.

Greif is nearing completion of a new bulk corrugated manufacturing facility in Dallas, Texas, making triple wall sheets and jumbo boxes, expected to be operational in spring 2024.

Company BKI has started construction of a water treatment systems plant in the Esipovo industrial park in Solnechnogorsk, Moscow region. The investment is 2 billion rubles, and the plant will create 200 jobs. First phase completion is planned by end of 2025, second phase in 2026.

Stevanato Group inaugurated a new 65,000 sqm plant in Cisterna di Latina, Italy, for production of EZ-fill pre-sterilized syringes. Commercial production started in Q4 2023, and the plant employs around 200 people.

Benteler Group officially opened a new 5,300-sqm plant in Bratislava, Slovakia, on May 29, 2024. The plant will manufacture rear axles for Volkswagen.

Infineon Technologies received the last outstanding building permit for the final construction phase of its Smart Power Fab in Dresden, Germany. The total investment is €5 billion, with production of semiconductors for automotive and renewable energy applications planned to start in 2026.

Schneider Electric opened its 36th smart factory and largest engineering-to-order facility in Europe in Dunavecse, Hungary. The 28,000 m² plant will employ up to 500 people and produce SF6-free medium voltage switchgear, with 90% of products exported across Europe.

EFP, LLC held a grand opening for its sixth location, a protective packaging and cold chain plant in the Lee County Industrial Park in Bishopville, South Carolina. The $15 million investment is expected to create over 30 jobs.

Danfoss Turbocor opened a new 145,000-square-foot production facility in Tallahassee, Florida, on May 29, 2024, with a $62M investment to double capacity for oil-free compressors.

Mata Automotive inaugurated its first production plant in Aguascalientes, Mexico, with a $30 million investment. The facility produces decorative wood and carbon fiber components for electric vehicles and is expected to create up to 800 jobs over three years.

Welspun Living is building a new facility in Anjar, India, with an investment of Rs. 400 crores to increase Jacquard towel capacity to 6,400 MTPA, expected to be operational by November 2024.

TCL Technology Group announced plans to invest CNY 1.5 billion in a new smart air conditioner factory in Nansha, Guangzhou, with an annual capacity of 8 million units, mainly for export. Groundbreaking is scheduled for September 2024.

Danfoss Turbocor opened a 145,000 sq ft production facility in Tallahassee, Florida, built with a $62 million investment. The plant makes TTS/TG/TH Turbocor compressors and doubles the company's current capacity.

BASF inaugurated its Polyurethane Technical Development Center India in Mumbai on May 28, 2024. The 2,000 sq meter center supports market development of polyurethane applications in transportation, construction, footwear, appliances and furniture.

Gifu Plastics Industry announced it will construct a new factory in Indiana, USA, for its subsidiary RISU AMERICA. The company plans to invest approximately $60 million over six years, with operations scheduled to begin in June 2025.

ZF Foxconn Chassis Modules opened a new chassis modules assembly plant in Toluca, Mexico, with a €39.6 million (US$42.9 million) investment. The plant will produce front and rear axle and corner module suspensions for electric and hybrid vehicles, creating up to 150 jobs.

QSM Semiconductores invested US$12 million to construct a silicon wafer manufacturing plant in Querétaro, Mexico, expected to produce 10,000 wafers per year and create 160 jobs.

Diehl Aviation announced the establishment of a new subsidiary in Querétaro, Mexico, with 8,000 square meters of production and office space. The site will initially employ around 30 people, with plans to reach 500 in the medium term. Production of overhead bins for Airbus A220 aircraft is planned to start in mid-2025.

Palfinger commenced trial production at its new factory in Niš, Serbia, which will produce steel subassemblies and stabilizers for trucks. Regular production is expected to start in June 2024. The company plans to invest at least EUR 35.4 million and employ 375 workers by 2027.

Siemens Numerical Control (Nanjing) Co., Ltd. (SNC), a joint venture of Siemens AG and China Oriental Numerical Control Co., Ltd., signed an agreement to invest over 800 million yuan in a new digital factory in Nanjing, China. The plant will serve as an R&D and production base, doubling capacity.

Welspun Living is setting up a greenfield pillow manufacturing plant in Ohio, USA, with an initial capacity of 6.7 million pillows and an investment of USD 50 million. The plant is expected to be operational by September 2024.

PWO Group celebrated the laying of the foundation stone for a new engineering and production site in Preljina near Čačak, Serbia. The company will invest 89 million euros and employ around 550 workers, with first deliveries expected by end of 2025.

Barco opened the Barco (Wuxi) Technology Co. on May 21, 2024, a production and R&D center with a combined investment of $48 million. The facility has a designed annual production of over 20,000 projectors and key components.

Tosyali Algérie announced the commissioning of its flat steel production plant in Bethioua, Oran, Algeria. The first phase started in May 2024, with full operation expected in the second half of 2024. The investment is between $120 million and $150 million.

Combine of building materials. Ufa plans to build a factory for aerated concrete slabs in the SEZ Alga in Bashkortostan, Russia. The investment is 1.8 billion rubles, creating 120 jobs.

Masterplast and Selena Group are building a glass wool production plant in Szerencs, Hungary. The €47.5 million facility will have an annual capacity of 19,000 tonnes and create over 100 jobs.