German auto parts producer Kirchhoff Automotive will invest $40 million to construct its fourth plant in San José Iturbide, Guanajuato, Mexico. The plant will supply BMW and other automakers.
Trützschler Textile Machinery (Jiaxing) Co., Ltd. held its opening ceremony on February 24, 2024. The facility covers 36,000 square meters and produces nonwoven equipment and components, including spunlace lines and thermo-bonding lines.
Ollow (formerly 3DiTex) is building a 3,000 m² factory in Le Haillan, near Bordeaux, France, to produce hollow composite tubes. The plant will be delivered in autumn 2025, with capacity to transform 200 tonnes of material per year and employ 50 people.
TSMC's Arizona fab, initially planned for production by end of 2024, has been delayed to the first half of 2025. The second phase is postponed to after 2027. Total investment is approximately $40 billion.
POSCO INTERNATIONAL approved construction of a new traction motor core plant in Brzeg, Poland, on a 100,000 m² plot. Construction starts June 2024, completion by May 2025, with annual production of 1.2 million units by 2030.
Novelis announced that the cost of its new low-carbon aluminum rolling and recycling plant in Bay Minette, Alabama, has increased to $4.1 billion (from $2.5 billion), and the commissioning date has been pushed back from mid-2025 to the second half of 2026.
Rotoplas held a groundbreaking ceremony for a new plant in Ixtapaluca, State of Mexico, which will be the company's largest in Latin America, built on a 6-hectare site. Operations are expected to start in September 2024.
Brembo has opened its first production site in Thailand, located in Rayong province. The EUR 40 million facility will manufacture braking systems for motorcycle manufacturers and is expected to employ around 150 people when fully operational.
Sumitomo Electric UK Power Cables Ltd (SEUK) will build a £350 million high-voltage power cable factory near the Port of Nigg in Easter Ross, Scotland. The project received £24.5 million in public funding and is expected to create around 330 jobs, with 156 manufacturing jobs on site. Planning approval was granted on 17 January 2024.
Exmain inaugurated new industrial facilities in León, Spain, on February 22, 2024, featuring a 1,672 m² building with solar panels and EV charging, and announced the addition of Sany as a distributed brand.
Suhail Industrial Holding Group inaugurated the NASK Geotextile Factory in Doha, Qatar on February 22, 2024. The factory has an annual production capacity of approximately 8,000 tons and is the first of its kind in Qatar.
Medline inaugurated a new 19,000 sqm manufacturing plant in Nuevo Laredo, Tamaulipas, with an investment of $16.2 million. The plant will produce respiratory therapy products and create about 1,000 direct jobs.
Salzer Electronics is establishing a new smart meter manufacturing facility in Coimbatore, India, with an initial annual capacity of 4 million smart energy meters, expandable to 10 million in Phase 2. The facility will employ approximately 1,000 people at full capacity.
Berger Paints announced plans to build a new manufacturing unit on 80 acres in Khordha, Odisha, with an annual capacity of 410,000 KL/MT for paints, coatings, construction chemicals, and intermediates. Investment is Rs. 1,460 crores.
MYTILINEOS Energy & Metals announced a new production unit for advanced metal constructions in the 1st Industrial Zone of Volos, Greece. The investment is budgeted at €60 million, production is expected to start in the second half of 2026, and it will create approximately 250 new jobs.
Ablebox Ltd has acquired a 52,000 sq ft facility in Sherborne as its third site and is investing a GBP 6 million project, installing a rotary die-cutter and converting lines.
Kunshan ProHub Lifting Technology Co., Ltd. started construction of a logistics and warehousing equipment intelligent manufacturing project in Kunshan German Industrial Park, with total investment over CNY 600 million. The facility will serve as an R&D, production and sales center, expected to generate annual output value over CNY 1.2 billion.
Quantum Filtration Medium has started construction on a $5 million manufacturing plant in Collie, Western Australia, to produce water filtration media. The project received $2 million from the Cook Government.
Ambuja Cements plans to invest Rs 1,000 crore to set up a 4 MTPA cement grinding unit in Godda district, Jharkhand, pending approvals. The project will generate over 2,500 jobs.
Breedon Group opened a new concrete tile production factory in Lisburn, Northern Ireland, increasing tile production capacity by over 80% to 22 million tiles per annum.
QatarEnergy and Chevron Phillips Chemical broke ground on a $6 billion petrochemicals complex in Ras Laffan Industrial City, Qatar. The complex includes an ethane cracker and two polyethylene trains, with production expected to begin in 2026.
Varun Beverages signed an exclusive PepsiCo agreement to manufacture and package Cheetos in Morocco through its subsidiary Varun Beverages Morocco. It will invest Rs 100 crore in a dedicated plant, with commercial production expected from 1 May 2025.
Yuanda Valve Group is building a 50,000-ton-per-year precision valve processing project in Longyao County, Hebei, China, with total investment of 1.24 billion yuan; the first phase is due for production by year-end 2024.
Douglas Manufacturing, a Group Rulmeca Company, broke ground on a new idler production facility in Pell City, Alabama on February 20, 2024. The multi-million-dollar project will create over 50 jobs and is expected to be completed by the end of 2025.
Toray Group began construction of a high-performance modified resin smart factory in Jiujiang, Nanhai, Foshan, China. The first phase involves a total investment of CNY 400 million (approx. USD 56 million) and will be the only overseas plant capable of producing Toray's full range of resin products. Trial operation is expected in March 2025, with full production by 2027.
Suspensys is investing BRL 150 million to build a factory in Mogi-Guacu, Sao Paulo, to supply front axles for Mercedes-Benz truck and bus lines in Brazil under a 10-year agreement.
Hitachi Construction Machinery Americas opened a new regional headquarters in Newnan, Georgia, on a 19-acre campus that includes office, training, and conference space. The facility responds to a tenfold increase in demand for its earthmoving machines.
Softbank and Alat (a PIF-owned company) have formed a joint venture to build a 'lighthouse factory' in Saudi Arabia to manufacture industrial robots, with production expected by the end of 2024.
Aerotech is intensifying its joint venture with ANI Motion Tech by constructing a new production and research facility in Songdo City, South Korea, to manufacture precision motion control and automation equipment for the semiconductor and display market.
Dongguan Liyang Intelligent Technology Co., Ltd. (LEYO Technology) signed a cooperation plan to invest 500 million yuan (including 100 million yuan in fixed assets) in a CNC machine tool production project in Quannan County, Jiangxi Province. The factory will produce 3-5 axis CNC milling machines, machining centers, and gantry machining centers. Construction is expected to start in October 2024.
Sumitomo Construction Machinery announced it will build a new factory for hydraulic excavators within Sumitomo Heavy Industries' Yokosuka manufacturing site. The investment is about 6.5 billion yen, with a building area of 22,000 sqm, annual production of 2,000 excavators, and about 225 employees. Operations are scheduled to start in August 2025.
Café William held the grand opening of its new energy-efficient factory in Sherbrooke, Quebec, which operates the world's first 100% electric industrial roaster. The $47 million investment includes $19 million for energy-efficiency technologies, with an annual roasting capacity of up to 20 million pounds of coffee.
Schneider Electric will invest $29 million in a new plant called 'Monterrey 4' in Nuevo León, Mexico, specializing in low-voltage electrical distribution panels. It is expected to be fully operational by early June 2024 and create over 300 jobs.
GlobalFoundries will construct a new state-of-the-art fab on its Malta campus to meet expected customer demand for U.S.-made essential chips for automotive, aerospace, defense and AI markets.
HD Hyundai Electric signed an investment agreement with Chungcheongbuk-do and Cheongju to build a new medium- and low-voltage circuit breaker plant in Cheongju Central Valley Industrial Complex, investing 117.3 billion won. The plant will have a capacity of 13 million units by 2030, doubling current capacity.
Russian investor Uralkran is building a 15,000 sqm crane manufacturing plant in the Qyzyljar SEZ in Petropavlovsk, Kazakhstan. The plant will produce truck, gantry, container, and tower cranes with capacities up to 500 tons.
FUSO GLASS INDIA PVT LTD will establish a new architectural glass plant in the Hosur belt of Tamil Nadu's Krishnagiri District, with an investment of at least Rs 70 crore. The plant is expected to create 150 jobs and commence operations in the 2024-25 financial year.
First Mode opened a 40,000-square-foot clean technology manufacturing facility in Seattle's SoDo District to produce components for retrofitting up to 150 ultra-class mining trucks annually into low-carbon or zero-emission electric vehicles.
Komatsu announced an initial investment of R$175 million to construct new manufacturing units in Contagem (MG) and Parauapebas (PA), Brazil, to strengthen its presence in the mining sector.
PO-Rein, a 50/50 joint venture between Plastic Omnium and Zhejiang Rein, has started construction of a 28,000-square-meter mega-plant in Shanghai's Jiading Hydrogen Park. The factory will produce up to 60,000 hydrogen pressure vessels per year for the Chinese commercial vehicle market, with operations expected to begin in 2026.
Vink Chemicals has started construction of a new chemical plant in Schwerin, Germany, with an investment of over EUR 30 million. The plant will produce raw materials for biocides and is expected to start production in mid-2026, creating around 45 new jobs.
Thermax plans to invest Rs 45 crore to set up an ion exchange resin manufacturing plant in Jhagadia, Gujarat.
J&C Aero opened a new factory and headquarters in Kuprijoniškės, Vilnius district, Lithuania, to manufacture aircraft interior components for cabin modernization and installation.
Jimmy will invest €100 million to build a nuclear thermal generator assembly plant in Le Creusot, France, with construction starting September 2024 and final commissioning in 2028, creating 300 jobs.
Agility Robotics plans to open a new factory called RoboFab in Salem, Oregon, to mass-produce humanoid robots. The facility is expected to eventually produce up to 10,000 robots per year.
Universal Robina Corp. (URC) broke ground for a new production plant in Malvar, Batangas, Philippines. The mega plant will cover 30.7 hectares and employ 3,000 workers when fully built out over 10-15 years.
Grupo Industrial Procon inaugurated a new concrete block plant in Tebec, Umán, Yucatán, with an investment of 178 million pesos and creation of 186 jobs. The plant has a capacity of 29 million blocks per year.
XCMG announced an $80 million investment to build a second plant in Ciénega de Flores, Nuevo León, Mexico. The 40,000-square-meter facility will produce articulated machines, manipulators, and telescopic equipment, creating 300 jobs in the first year with plans to increase to 500.
Solarcycle plans a solar panel recycling and glass manufacturing facility in Cedartown, Georgia, investing an estimated $344 million and creating over 600 full-time jobs. Operations are slated for 2026.
NETZSCH Pumps & Systems is building a new production plant at its Brazilian manufacturing site that will take over global production of NOTOS multiple screw pumps.