EPIC Berhad launched two new gantry cranes and a conveyor belt at Kemaman Port's East Wharf. The cranes began operating on 5 May 2024, and the conveyor belt was completed in April 2024, boosting port capacity from 4 million to 7 million metric tons per year.
JCB announced an investment of R$500 million to double production at its Sorocaba plant, creating 1,000 new jobs (300 direct, 700 indirect). The investment will be spread over five years, with R$360 million for nationalization of products and R$50 million for agricultural distribution network.
Neklar (formerly Estamp) will invest EUR 6 million to expand its San Miguel de Allende plant from 3,000 to 6,200 square meters, adding production of cooling systems for electric vehicle batteries.
A-Forge, a Taiwanese supplier of aluminum bicycle frame parts, announced a significant expansion of its Vietnam factory to increase capacity for e-bike frame components. The investment amount and specific capacity increase were not disclosed.
Nammo Lapua is investing over €10 million in its Sastamala, Finland facility to upgrade manufacturing processes and increase capacity, creating 10-15 additional jobs.
LyondellBasell started up an additional polypropylene compounding production line at its Dalian site, doubling capacity to 40,000 tonnes per year, to supply the automotive industry.
Mitsuboshi Belts will construct a new four-story building at its Nagoya plant in Komaki, Aichi, Japan, including production lines and an automated warehouse, with an investment of about 6 billion yen.
Nycote Laboratories Corporation purchased a modern detached industrial building in Santa Clarita, California to serve as its new headquarters, expanding its research and development, manufacturing, and administrative operations.
ORLEN Group has launched a new technological line at its Litvinov plant in the Czech Republic, increasing production of dust-free stabilizing compounds sevenfold. The investment of nearly 40 million PLN will enable production of approximately 3,000 tons of specialized compounds annually, used in polyethylene and polypropylene production.
Walplast Products has commercialized two new plants in Chennai and Perundurai, Tamil Nadu, for white building products with capacities of 150,000 and 180,000 metric tonnes per annum. It plans to open two more plants in June 2024: a grinding unit in Nanhwara, Katni, Madhya Pradesh (capacity 216,000 tonnes per annum) and a grey products plant in Khapoli, Maharashtra (capacity 100,000 tonnes per annum).
Ryobi Limited will invest $50 million to expand its RDCM factory in Irapuato, Mexico, adding 8,500 m² of floor space and five die casting machines to meet growing demand for EV parts in North America. Construction starts July 2024 with completion scheduled for April 2025.
Siemens announced a €100 million investment in its switchgear plant in Frankfurt, including the acquisition of a 3.5-hectare site in the Ostend district. The expansion will add 13,000 sq m of production space and create 400 new jobs by 2027, with production starting in early 2025.
Siemens Canada is investing approximately CAD 14 million in a multi-phased modernization of its Drummondville, Quebec factory to expand made-to-order switchboard production and increase automation, which could raise jobs by up to 15% by 2027.
Hammerer Aluminium Industries inaugurated a new P61 extrusion press line and logistics center at its headquarters in Ranshofen, Austria, completing a €125 million investment package launched in 2022.
Ensinger announced an expansion of its production capabilities for thermoplastic composites with a new high-performance double belt press at its Rottenburg-Ergenzingen site in Germany, boosting capacity in its Composites division.
Weichai Group announced that its high-end engine digital factory in Shandong, China, is in full production, having rolled out its 15,000th product. The factory, which began operation in November 2023, represents a 10 billion yuan ($1.37 billion) investment and has an annual capacity of 200,000 high-end engines.
EPIC Bhd launched operations of two gantry cranes and an 8.2-km conveyor belt at Kemaman Port's East Wharf, increasing port capacity from 4 million to 7 million metric tonnes annually.
Laurel Machine & Foundry is expanding its manufacturing services in Laurel, Mississippi, with a $3,140,500 investment to build a 20,000-square-foot machining facility and a 7,500-square-foot warehouse, creating at least seven jobs. The expansion is expected to be completed within one year.
Vahterus plans to add a 6,000 m² manufacturing hall to its existing 30,000 m² production space in Kalanti, Finland, increasing capacity by 20% to meet rising demand for heat pumps, especially for industrial steam generation.
Hyosung Heavy Industries will also expand its mother plant for ultra-high-voltage transformers in Changwon, South Korea, as part of the same 100 billion won investment. New testing facilities and production equipment will be added.
Hyosung Heavy Industries will invest 100 billion KRW to expand its ultra-high-voltage transformer plants in Memphis, USA and Changwon, Korea, raising total UHV transformer capacity by about 40%, with Memphis capacity doubling.
Indopoly Swakarsa Industry allocated about US$100 million for a capacity expansion of BOPP and BOPET films. It will add two BOPP machines in Purwakarta, Indonesia and Suzhou, China, raising annual capacity from 100,000 to 165,000 tons, and two metalizing machines, targeted to be operational by end-2024.
SCHOTT Pharma opened a new production facility for prefillable glass syringes in Lukácsháza, Hungary, after a EUR 76 million investment. The facility creates over 120 jobs and expands global capacity for high-value pharma solutions.
Phase 1 of the Sand Island Wastewater Treatment Plant secondary treatment installation is underway, a $417 million project treating 20 million gallons per day, with completion on track for 2026.
Takeda announced a $230 million investment to expand production capacity for plasma-derived therapies at its Los Angeles manufacturing site, creating over 125 new long-term jobs.
Trans-Mit Steel, a subsidiary of Mitsui & Co., is investing more than $23 million to expand its Woodstock, Ontario facility for precision slitting of thin gauge steel used in EV motors and transformers. The project is supported by over $3 million in Ontario government funding and will create 17 new jobs.
Vuteq Canada, a Tier 1 automotive parts manufacturer, is investing close to $40 million to expand its manufacturing facility in Woodstock, Ontario, with injection molding machines, collaborative robots and AI camera systems. The project is supported by $5 million in Ontario government funding and will create 145 new jobs.
Sest-Luve LLC, a subsidiary of Italian Sest SpA, plans to invest 300 million rubles to expand and modernize its production facility in the Lipetsk special economic zone. A new 3,500 sq m section is under construction, with launch expected in summer 2025, creating 50 jobs.
Staub Precision Machine Inc. broke ground on a 60,000 square foot manufacturing facility on its existing campus in Hamburg, New York. Construction started in Q1 2024 with completion targeted for Q1 2025.
Baker & Baker invested nearly £2.9 million to increase capacity and introduce new machinery on an American Bakery-style cookie line at its Bromborough, Wirral factory. The investment was made over several months.
Blumer-Lehmann AG is investing in new production lines for cross-laminated timber (CLT) and glued laminated timber (glulam) and modernizing its sawmill at the Erlenhof site. The glulam line is expected to start in September 2025, the CLT line in June 2026.
NSIG (Shanghai Silicon Industry) announced a plan to invest 132 billion yuan to expand its 300mm silicon wafer production capacity by 600,000 wafers per month, reaching a total of 1.2 million wafers per month. The project will be implemented in Taiyuan and Shanghai.
Clarios broke ground on a $16 million expansion of its manufacturing plant in Oconee County, South Carolina, to increase production of components for AGM batteries. The expansion will create 12 new jobs.
Annexair announced a C$30 million investment to add 14,000 m2 to its plant in Saint-Germain-de-Grantham, Quebec, and buy new equipment. Works start soon with completion planned for June 2025, bringing the site to 46,500 m2.
Wunderlich-Malec Engineering has broken ground on a 61,000 square foot manufacturing facility in Baldwin, Florida to support its Modular Electrical Control Enclosure and Skid Fabrication business. The facility is expected to be completed this year.
Anduril Industries is investing more than $75 million to expand its solid rocket motor production facility in McHenry, Mississippi. The expansion will increase annual production capacity from 600 to over 6,000 tactical-scale solid rocket motors and create more than 60 jobs by December 2024.
Röhm has significantly expanded production capacity of specialty PMMA molding compounds at its Wallingford, Connecticut plant in June 2024. The expansion was achieved by modifying an existing production line to meet increasing global demand.
MBA Polymers UK launched a specialist processing line to recycle car bumpers at its Wimblington site near Cambridge. The line will produce recycled resins for automotive manufacturers.
Motherson Group is expanding its capacities in Kecskemét, Mosonszolnok, Mosonmagyaróvár and Túrkevé, Hungary, with an investment of €33 million. The expansion will focus on servicing BMW and Mercedes factories.
Kraus-Anderson Construction completed an 89,856-square-foot expansion of Menasha Packaging's facility in Pelahatchie Industrial Park, Mississippi. Menasha, which invested $79 million in the project, will add 21 jobs to its 95 existing employees.
Eti Alüminyum announced it has started a new rolling mill investment in Seydişehir, Konya, with a 3 billion lira investment, targeting 40,000 tons annual capacity and production by end of next year.
Hitachi Energy announced it will invest $4.5 billion to expand production capacity for power grid equipment in Sweden and India, responding to rising global demand.
Gerhard Schubert completed a €45 million expansion of its headquarters in Crailsheim, Germany, adding 13,000 square meters of assembly space (30% increase) and 300 new workspaces.
Nidec ASI, a subsidiary of Nidec Corporation, will relocate and expand its operations from Roche-la-Molière to a new 8,000 m² plant in La Fouillouse, France, with an investment of €17 million. The move is expected to create 115 jobs and be completed by end of 2025.
Hitachi Energy is investing around $330 million to expand and modernize its flagship factory in Ludvika and build a new campus in Västerås, Sweden, across all product portfolios, adding 2,000 employees.
Endeavour Mining announced that wet commissioning activities are underway at the Lafigué gold project in Côte d'Ivoire, with construction 94% complete and first gold pour expected in late June 2024.
Unilever is investing EUR 14.7 million (US$16 million) in a new Hellmann's squeeze bottle production line at its Pouso Alegre plant in Brazil. The investment is expected to increase production capacity by double digits to meet rising demand.
CEMENtum signed an investment agreement with Kaluga Oblast to invest about 4 billion rubles in expanding capacity at its Ferzikovo cement plant, adding 307,000 tonnes of cement per year and creating 23 jobs. Launch is planned for July 2024, with production start in September 2026.
Martinrea International Inc. announced plans to invest nearly $35 million to expand its 100,000-square-foot facility in Ridgetown, Ontario, adding a new SIMPAC 3000 metric ton stamping press for larger and more complex automotive parts. The project is slated for completion by early 2025.
CooperVision is expanding its facilities in Juana Diaz, Puerto Rico, with an investment of over $104 million and the creation of 725 new jobs. The expansion is financed by a $52 million loan from FirstBank, approved in June 2024.