UTAS-NOVA Automotive Lighting Systems Mexico announced a MXN$600 million investment to build a plant in Aguascalientes, Mexico, creating 220 jobs. Construction starts September 2024, operations begin in 2025.
Kaspis BioTech plans to build a factory for Foley medical catheters in the Tsentr SEZ in Novousmansky District, Voronezh Oblast, with an investment of 285 million rubles and capacity of 5 million catheters per year.
Terumo Corporation will construct a new building at its Puerto Rico plant to increase production capacity for the Angio-Seal hemostatic device used in endovascular procedures. The investment is approximately $30 million, and the new building is expected to be completed in summer 2025.
DS Actimo Canada Inc., a subsidiary of South Korea-based DSEV, is investing $60 million to build a new 107,000-square-foot facility in Windsor, Ontario, to manufacture components for electric vehicle batteries. The plant will be its first in North America and is expected to employ 96 people when it opens in September 2024.
AB Volvo announced it will build a new heavy-duty truck manufacturing plant in Mexico to supplement U.S. production for Volvo Trucks and Mack Trucks. The plant will be approximately 1.7 million square feet and is expected to be operational in 2026.
XNRGY Climate Systems broke ground on a new 275,000-square-foot sustainable HVAC manufacturing facility in Mesa, Arizona, as the first phase of a four-phase plan to create a 1,000,000-square-foot hub. The initial investment is part of a previously announced $300 million capital plan.
Dräger Safety UK announced plans to build a new, larger facility near its existing Blyth plant in Northumberland, as part of a multimillion-pound expansion. The company is in talks to acquire land and expects to announce more details in the coming months.
Construction is starting on a plant in the Dubna Special Economic Zone in Moscow Oblast to produce import-substituting industrial tools. The investment exceeds 832 million rubles, the facility will be nearly 1,500 square meters, and it will create over 40 jobs. Production will include solid carbide tools and body cutters.
Kerakoll Group has acquired 40,000 square meters of land in Preston, UK, for a new production plant. Construction is set to start by late 2024, with completion expected by spring 2026, creating dozens of jobs and increasing UK production capacity by 100% by 2028.
Belgian aerospace group Sonaca is building a EUR 38 million factory in Moldovenesti, Romania, to produce parts for the Airbus A321. The premises will be ready by end of 2024, equipment installed in H1 2025, and production will begin around mid-2025. The factory is expected to employ 160 people.
AmeriTex Pipe has announced construction of a new polyethylene and polypropylene pipe manufacturing facility in Texas.
Washington Penn Plastic Co. has begun construction on a new 250,000-square-foot manufacturing facility in Winchester, Kentucky, representing a $104 million investment and creating 88 jobs. The facility will produce polypropylene and polyethylene compounds.
Renesas Electronics commenced operations at its Kofu Factory in Kai City, Japan, as a dedicated 300-mm wafer fab for power semiconductors. The company invested 90 billion yen and aims to double production capacity, with mass production of IGBTs starting in 2025.
NETZSCH Pumpen & Systeme opened a new NOTOS multi screw pump plant in Pomerode, Brazil, to supply global markets. The site also expands production of its other pump lines and macerator systems at the existing Pomerode site.
SSAB announced a decision to build a fossil-free mini-mill in Luleå, Sweden, with a capacity of 2.5 million tonnes of carbon emission-free steel annually. Total investment is estimated at €4.5 billion ($4.9 billion). Startup is planned at the end of 2028 with full capacity one year later.
Uno Minda laid the foundation stone for a greenfield passenger vehicle alloy wheel plant at IMT Kharkhoda, Haryana, with a capacity of 120,000 wheels per month. The plant has a capital outlay of INR 542 crore and will be set up in phases, with phase 1 commissioning in Q2 FY26.
Thermo King, a Trane Technologies brand, launched a new plant in Greenville, South Carolina, on an accelerated 13-month schedule. The facility includes AGV technology, robotic welding, and sustainable features. The project was announced with a $30 million capital commitment in March 2022.
Menadiona is constructing a new plant for its AqFresh product at its facilities in Palafolls, Spain. The plant will increase annual production capacity to 500 tonnes, with startup planned for June 2024. Investment is EUR 7 million, creating up to 20 new jobs.
Tesvolt has begun construction of a new gigafactory in Lutherstadt Wittenberg, Germany, with an investment of €30 million for the first phase. The factory will produce 80,000 energy storage systems (4 GWh) annually, create over 400 jobs, and is expected to start operations in 2025.
Fort (F.O.R.T.), a project of Baltic Industrial Company, received special economic zone resident status on April 9, 2024, to build a machine tool plant in St. Petersburg with an investment of 7 billion rubles, producing 150-300 metal-cutting machines per year.
Shockwave Medical inaugurated its first manufacturing plant outside the US in Coyol, Alajuela, Costa Rica. The company plans to invest $40 million by 2028 and hire 1,200 people over three years.
WCS Logistics broke ground on a new $27 million cold storage facility at 280 Brooke Road in Frederick County, Virginia.
Canadian company Premier Tech Water and Environment opened a 24,000-square-foot septic manufacturing plant in Williamsport, Pennsylvania, in January 2024, hiring 12 people, with plans to expand into plastic and injection molding production.
Yasho Industries Limited has started commercial production at its newly established Pakhajan Plant in Dahej District, Gujarat. The company invested approximately Rs. 470 crore in the facility, which has a capacity of 20,000 MTPA.
Cryogenic Processors is preparing to open a new 115,000-square-foot cryogenic freezing and freeze drying facility in Paducah, Kentucky, in the fourth quarter of 2024. The plant will include freeze drying, cryogenic flash freezing, ultra-cold storage and packaging.
Freudenberg Group has invested in a new production facility for its Vibracoustic Business Group and its Freudenberg-NOK India joint venture in Morinda, India. The investment is part of INR 350 crore in CY 2024 across facilities in Punjab, Karnataka and Tamil Nadu.
Texas Lehigh Cement Company LP, a joint venture between Heidelberg Materials North America and Eagle Materials Inc., will start production at a new slag cement facility in Houston, Texas, this summer. The plant has an annual capacity of approximately 500,000 tons.
QUA, an Aquatech company, has commenced production at a new state-of-the-art membrane manufacturing center in Pune, India. The facility increases production capacity by four times and features a zero-discharge solution.
Sato Foods announced the construction of a new factory for its 'Sato no Gohan' packaged rice product within its existing factory site in Seiro, Niigata Prefecture. The total investment is about JPY 8 billion, with a production capacity of 200,000 servings per day. Production is scheduled to start in December 2026.
Shin-Etsu Chemical decided to build a new plant in Isesaki City, Gunma Prefecture, Japan, for semiconductor lithography materials. The first phase investment is about ¥83 billion, to be completed by 2026.
MegaWatt company signed an agreement with Yenisey Siberia to build a new factory in Krasnoyarsk, Russia, with investments of up to 1 billion rubles. The plant will produce diesel and gas electric generators with power from 16 to 1500 kW, with a capacity of up to 60 units per month, and is expected to launch by 2026, creating 200 jobs.
Smurfit Kappa purchased a 259,000 square-foot industrial spec building at 1105 Scotts Bridge Road in Anderson County, South Carolina, at Exit 27 of I-85, committing to a $68 million investment and 200 new jobs.
Simba Cement launched a new clinker plant in West Pokot, Kenya, on April 8, 2024, with a daily production capacity of 6,000 tonnes (about 2 million tonnes annually), costing $220 million, to reduce production costs for its Tororo, Uganda plant.
Kangda Medical signed an investment agreement with Changchun New Area to build a high-end medical device R&D and production facility in Beihu Development Zone. The project has a total investment of RMB 1 billion (approx. $138M) and is expected to achieve an annual output value of RMB 1.6 billion upon completion.
Inari Medical announced plans to invest at least $15 million in a new manufacturing facility in Grecia, Costa Rica. The 70,000-square-foot facility is expected to open in 2025 and initially hire 300 employees, with potential to expand to 600.
Fuyao Glass Industry Group broke ground on a full-chain production base in Hefei, China, with a total investment of 5.75 billion yuan (approx. $800 million). The facility will produce 4 million sets of automotive glass and 4 million pieces of replacement glass annually, with an annual output value of about 6 billion yuan.
CO2 Refrigeration Systems (CRS) purchased and is renovating a former Scott Manufacturing plant in Marshalltown, Iowa, to produce CO2 transcritical refrigeration systems. Production is expected to begin on April 30, 2024, and the company plans to hire 48 employees over three years.
TSMC announced plans to build a third leading-edge semiconductor fab at its Arizona site in Phoenix, bringing total investment to over $65 billion. The U.S. Department of Commerce proposed up to $6.6 billion in direct CHIPS Act funding for the project.
GANSHORN Medizin Electronic GmbH held a groundbreaking ceremony on April 8, 2024, for a new headquarters in Bad Neustadt, Germany. The facility will include a two-story warehouse and production hall, tripling the previous floor space to approximately 5,800 square meters, and a new office building. Construction is expected to last until end of 2025.
Cemtec Simba Cement Company's new clinker plant in Sebit, West Pokot County, Kenya, will be commissioned by President William Ruto. The plant cost $220 million (about Sh29 billion) and will have capacity to process 6,000 tonnes of clinker daily (2 million tonnes annually). Construction began in 2010 but was delayed.
Suntory PepsiCo Vietnam began construction on April 8, 2024 of its sixth plant in the Hựu Thạnh Industrial Zone, Long An Province. The plant is expected to cost more than US$300 million and have an annual capacity of 800 million litres.
MIVI (Avishkaran Industries) laid the foundation stone for a new factory at E-City, Tukkuguda in Rangareddy district, Telangana. The company will invest Rs 200 crore, creating 2,000 jobs, with production capacity of 100,000 units per day. The factory is expected to be operational by March 2025.
SeAH Superalloy Technologies announced a $110 million investment to build a nickel-based superalloy plant in Temple, Texas, creating 100 jobs. Construction is scheduled to begin in Q3 2024, with commercial production targeted for Q1 2026.
Amcor Capsules opened a new plant in Granby, Quebec, Canada, to increase closure and capsule production for North American wine and spirits customers, with commercial operations expected in early April 2024.
GVS announced plans to build a new production plant at its Zola Predosa site for an innovative diaphragm for alkaline water electrolysis systems. The plant will have capacity for 4 GW/year of electrolyser capacity, with a capex of EUR 4 million.
SK Hynix plans to build a $3.87 billion advanced chip packaging facility in West Lafayette, Indiana, creating over 1,000 jobs. Production is slated to begin in the second half of 2028.
Valmet announced a €10 million investment to build a new filter fabric production unit in Belo Horizonte, Brazil. Construction starts in Q2 2024 and runs until Q1 2025, aiming to triple operations and increase staff from 100 to 260.
Liebherr-Aerospace Toulouse has laid the foundation stone for a new €40 million production building at its Campsas site in France. The eco-responsible building will produce heat transfer equipment for aircraft air conditioning systems, with handover scheduled for summer 2025.
Poliplast-UralSib, part of the Poliplast Group, plans to build a polymer compound plant in Pervouralsk, Russia, with an investment of 8 billion rubles. Production is scheduled to start in Q3-Q4 2025.
HuM&C, a subsidiary of Huons Global, broke ground on a medical container plant in Thai Binh, Vietnam, investing 7 billion won ($5.2 million). The plant will have an annual production capacity of 60 million vials and 80 million cartridges, with production slated to start in Q1 2025.