Arnest Packaging Solutions officially opened an aluminum beverage can plant in the Zavolzhye Industrial Park in Ulyanovsk with total investment above RUB 13.5 billion, including a RUB 5 billion concessional loan from the Federal Industrial Development Fund. At design capacity it will produce over 1.6 billion cans per year.
Pack'R, a manufacturer of filling and capping machines for liquid products, plans to build a new 12,000 m² workshop and 2,500 m² office facility in Saint-Léger-de-Linières near Angers, France, with a total investment of EUR 15 million. The company aims to move in by 2026.
Schneider Electric announced a new facility on Maddox Road in Mt. Juliet, Tennessee, as part of an $85 million investment. The project will create 355 jobs.
Germany's Hengst Filtration opened a new manufacturing facility in Yelahanka, Bengaluru, India, with an initial investment of 2 million Euros. The 36,000 square foot facility will manufacture filtration products for automotive, hydraulics, healthcare, and industrial sectors.
Advanced Substrate Technologies Pte. Ltd. (AST), a subsidiary of TOPPAN Holdings, broke ground on a new factory in Singapore to manufacture high-end FC-BGA substrates for semiconductors. The facility will also conduct R&D and is expected to start production by the end of 2026.
Nextracker and Orrcon Steel (a BlueScope Steel subsidiary) announced an agreement to manufacture Australian-made steel components for solar trackers at a new facility in Brisbane, Queensland. The facility was officially opened on March 14, 2024, and will supply components for the 480MWp Aldoga Solar Farm near Gladstone.
Shera Public Company Ltd. is investing PHP 2 billion to build a fiber cement board manufacturing plant in Mabalacat, Pampanga, Philippines. The plant has started initial operations and is expected to reach full production in October 2024, with an initial capacity of 100,000 metric tons per year, eventually doubling to 200,000 metric tons, and creating up to 150 jobs.
Ningbo Zhenyu Technology plans to invest EUR 72 million to build a new energy vehicle motor parts production base in Serbia, producing lamination precision parts for drive motors. Construction starts June 2024, completion by end of 2028.
Progroup laid the foundation stone for a new corrugated sheetfeeder plant in Cessalto near Venice, Italy, which will create around 60 jobs and is expected to start production by mid-2025 to supply partner Ondulkart.
A groundbreaking ceremony was held for Bipu Perolo Jiangsu Engineering Technology's high-end valve project in Rudong Economic Development Zone, Jiangsu, on a 36.2-acre site with 29,390 sqm of plant space, targeting 60,000 pieces of stainless steel valves annually.
Magna International will invest $166 million to build its 11th factory in Ramos Arizpe, Coahuila, Mexico, creating 700 jobs. The plant will manufacture electrical and structural parts for vehicles.
OOO Khimicheskie Tekhnologii is building a plant in the Rostov SEZ in Novocherkassk to produce synthetic resins and semi-finished varnishes, with an investment of over 500 million rubles and annual capacity of 20,000 tons. Production is planned to start in Q4 2024.
Adplus Chemicals & Polymers, a subsidiary of Haldia Petrochemicals, inaugurated a new LMW PE-PE Wax manufacturing plant in Haldia. The plant, with an initial investment exceeding Rs 50 crores, produces Low Molecular Weight Polyethylene wax under the brand 'Polyfast' and is designed as a zero-waste facility.
CG Semi, a subsidiary of CG Power & Industrial Solutions, laid the foundation stone for a new OSAT facility in Sanand, Gujarat. The joint venture with Renesas Electronics and Stars Microelectronics involves an investment of Rs 7,600 crores over five years and will create about 5,000 jobs.
BIOTEQ's new factory in Yilan Science Park, with a budget of NT$1.513 billion, will commence production of intra-body catheters in Q3 2024, targeting OEM orders from international medical device giants.
Nextracker and Orrcon Steel, a BlueScope Steel business, have opened a manufacturing facility at Orrcon Steel's Salisbury Tube mill in Brisbane, Queensland, to produce critical steel components for Nextracker's smart solar trackers. The first project to receive components is ACCIONA Energia's 480MWp Aldoga Solar Farm near Gladstone.
BERICAP is investing in a new plant in Kunshan near Shanghai that will increase its production capacity by 50%. Production is planned to start in 2027, and the investment amount was not disclosed.
The Weir Group officially opened a new foundry in Xuzhou, China, for manufacturing ESCO ground engaging tools (GET). The $60 million facility expands foundry capacity in China by over 30% and replaces an existing nearby foundry.
Ziemann Holvrieka has broken ground on a new production facility in the Amistad Chuy María Industrial Park in Ramos Arizpe, Coahuila, Mexico, with a projected investment of $20 million, creating 150 jobs. The facility will manufacture stainless steel tanks for the liquid food industry.
Nippon Steel will invest $66 million to build an electrical steel sheet processing center in Apaseo el Grande, Guanajuato, Mexico, with a capacity of 120,000 metric tons per year, targeting the automotive industry for electric vehicle production. Operations are planned to start in April 2025.
Simpolo Vitrified will invest ₹350 crore to set up a new plant in Andhra Pradesh, India. The group will also invest ₹650 crore to expand capacity at Morbi, Gujarat.
WEG announced investments of R$100 million in a new industrial liquid paints factory in Atotonilco de Tula, Mexico, expected to start operation in early 2026.
HANSEN signed a framework agreement on March 12, 2024 with the Nantong High-tech Zone government in Jiangsu to set up a manufacturing plant. The plant is in fitting-out, with production and shipments expected in the third quarter of 2024, starting with 52 bar valves for refrigeration.
AERZEN held the grand opening of a new 5,614 square meter turbo manufacturing facility in Cheongju, South Korea, on March 12, 2024. The plant adds production lines and is expected to create more than 5 jobs.
A project to produce 200 high-end CNC machine tools annually was signed in Tunxi District, Huangshan City. Total investment is CNY 100 million, with phase one in Jiulong Industrial Park and phase two on 30 mu of land. Expected annual output value over CNY 150 million after full production.
Minth México, a subsidiary of Taiwanese auto parts company Minth Group, announced plans to build two new plants in Aguascalientes, Mexico, producing battery housings and aluminum parts for electric vehicles, with an investment of $173.5 million and creating about 1,600 jobs.
Avantium plans to open a new commercial-scale FDCA plant later in 2024 to enable mass production of plant-based PEF resin, a recyclable bioplastic for packaging.
Jones Family of Cos. has expanded its production capacity with a new facility in Charlotte, North Carolina.
Singapore-based Silicon Box will invest 3.2 billion euros ($3.5 billion) in a new semiconductor plant in northern Italy under a government-backed deal. The exact site has yet to be decided.
SEMCORP Group is constructing a lithium-ion battery separator film factory in Debrecen, Hungary, with an initial phase covering nearly 100,000 square meters. WEST HUNGÁRIA BAU Kft. won contracts for construction work starting in June 2022.
Power Electronics announced a new factory in the United States to produce chargers, solar inverters, and storage inverters, as part of a €300 million investment plan for 2024-2027. The plan also includes a new plant in Llíria, Valencia.
Wolffkran and Zamil Group have formed a joint venture to build a tower crane production facility in Saudi Arabia, with an investment of about 1 billion Saudi riyals. The plant will be the first tower crane manufacturing plant in the Middle East.
Aventech, Prodeval and INSA Lyon launched the ALLIANCE project to build a 20,000 m2 factory in Drôme, France, by end of 2024. The factory will include a 5,000 m2 production line for biogas purifiers and CO2 liquefiers, aiming to produce 450 units per year.
Asian Paints (Polymers) will set up a manufacturing facility for vinyl acetate ethylene emulsion and vinyl acetate monomer at Dahej, Gujarat, at a cost of Rs 2,100 crore.
Tederic Machinery inaugurated a new headquarters and 4.0 Smart Factory in Hangzhou, China, capable of producing up to 3,000 electric injection molding machines annually, and a new production plant in Jiaxing, China, with capacity for up to 5,000 hydraulic injection molding machines annually.
Hoshizaki America broke ground on a 120,000-square-foot two-story warehouse adjacent to its manufacturing facility in Peachtree City, Georgia. Construction starts in March 2024 with completion expected in June 2025.
Toyota Material Handling in Mjölby, Sweden, is investing 350 million Swedish kronor in new facilities. The investment includes a 7,100-square-meter painting facility called 'Paletten'.
Crown Equipment Corporation announced plans to establish a new multi-use facility in Kingman, Arizona, to support retail operations and authorized dealers. The facility is located at 4200 N. Industrial Blvd, with certain elements expected to be operational in 2024.
Amsted Automotive opened a new manufacturing facility in Nanjing, China, operating as Means Nanjing Automotive Components Ltd. It will produce controllable one-way clutches with capacity of 1 million per year, commencing production in Q3 2024.
Posco International confirmed plans to build a second plant in Ramos Arizpe, Mexico, for traction motor cores for electric vehicles. Construction will begin next month, with operations expected in March 2025. Combined capacity of both plants will be 2.5 million units per year by 2030.
Mahindra do Brasil announced construction of a new tractor assembly plant in Araricá, Brazil, with an initial investment of about $11 million, expected to reach $20 million over five years. Annual production capacity is 8,000 units, and the plant will serve the Brazilian and Mercosur markets.
Wolffkran entered a joint venture with Zamil Group to develop a WOLFF crane manufacturing facility in Riyadh, Saudi Arabia, and build a rental fleet of 300 cranes. The JV plans to invest about SR1 billion ($270 million) and produce approximately 150 cranes annually.
Samyang Foods broke ground on the Miryang II plant in Miryang, South Gyeongsang, with an investment of 164.3 billion won ($123.1 million). The 34,576 m² factory will produce 560 million ramyeon products annually, with completion targeted for the first half of 2025.
Frigus Bohn inaugurated a new refrigeration solutions factory in Mérida, Yucatán, described as the largest in Latin America for industrial and commercial refrigeration equipment.
Joby Aviation acquired an existing facility at Dayton International Airport in Ohio to support initial manufacturing operations, expected to begin later in 2024. The facility will be used for subtractive manufacturing of titanium and aluminum aircraft parts.
Masimo Medical Technologies Malaysia invested RM100 million to set up a new production facility in Pasir Gudang, Johor, with a maximum capacity of 100 million devices per year for domestic and export markets.
Toyota Material Handling North America will establish an advanced energy storage solutions development, prototyping and test center in Henrietta, New York, creating up to 40 new jobs. The center will focus on lithium-ion batteries and fuel cells.
Odawara Engineering will build a new plant in Nagaoka, Niigata, for manufacturing EV motor winding machines, with a total investment of about 1.6 billion yen. Construction starts summer 2024, completion spring 2025.
OOO Stankostroitelny Zavod FORT plans to build a plant in the Parnas SEZ in St. Petersburg to produce heavy metal-cutting equipment, with an investment of 7 billion rubles and creating 406 jobs.
Farpro Yuanda Valve is building a 50,000-ton-per-year precision valve plant in Longyao County on a 333,000 square meter site, with total investment of 1.24 billion yuan. The first phase is complete, with full completion expected by June and full production by year end.