Hyosung Heavy Industries will build a new export-only extra-high-voltage circuit breaker plant and expand related production equipment in Changwon, South Korea, with a total investment of 100 billion won. The plant is targeted for completion in the first half of 2026 and will raise breaker capacity to about 1.5 times the existing level.

ACTOM plans to invest R400 million in new production capacity, aftermarket services and acquisitions, to be spent by 31 March 2026. The CEO announced the plan at the launch of a subsidiary's fan facility in Germiston.

Nidec is investing more than 22 million euros over the next two years at its Fürstenfeld site in Austria, for a new inverter production line and production of its ATOM compressor family.

ArcelorMittal has made a $1.2 billion investment to build an advanced non-grain-oriented electrical steel manufacturing facility in Alabama. The plant will produce up to 150,000 metric tons of NOES annually.

Murata Manufacturing will invest an additional $25 million in Dong Nai province, Vietnam, increasing its total investment there to $41 million.

Hyosung will invest an additional $19.7 million in Dong Nai province, Vietnam, raising its total investment there to $976.3 million.

Danfoss plans to spend ₹500 crore over the next 12 to 20 months on localisation and capacity expansion across its six Indian factories, adding more than 500 people. The plan is part of its India growth strategy.

At the Phase II inauguration on November 1, 2023, Schaeffler signed an investment agreement with the Taicang High-Tech Industrial Development Zone for a New Energy Phase III Project.

Eaton announced $85 million in additional manufacturing investment to increase North American output of utility equipment, including underground protective connectors, with about 300 new positions at its Queretaro facility. Recent North American investments reach nearly $750 million.

Eaton is investing $22 million in equipment at its Waukesha, Wisconsin facility to increase manufacturing capacity for three-phase transformers for utility, data center and commercial applications.

BorgWarner announced a $198 million investment for a new 64,000 square metre plant in San Luis Potosi, Mexico, making electronic power components and electric motors. It will create 380 jobs and is expected to start operations in the second half of 2024.

BorgWarner Mobility Poland is investing 380 million zloty in modernizing its production portfolio, moving Morse Systems production from Blonie to a new 11,300 m2 plant in Jasionka, with the transfer planned for September 2022.

Nidec Global Appliance will invest $83 million in its Mexican plants, including $33 million for a compressor line in Apodaca, Nuevo León, and further investments in rolling mill, HVAC motor and appliance motor operations. The investments aim to add production lines and raise capacity for the North American market.

Danfoss India plans to invest ₹100 crore from January 2021 to expand production of power drives at its Oragadam factory in Chennai, adding about 300 jobs and expanding its drive range from one variant to six.

Hydro-Quebec will invest over CAN$25 million in 2020 to grow Dana TM4 and its electric powertrain business, with new operations in the UK, India and the US and 100 new jobs in Boucherville, Quebec.

Argentina's government granted Tubos Trans Electric industrial promotion benefits for an investment of ARS 8,419,109 in machinery at its Córdoba plant, which makes motors, generators and transformers.

Austrian technology group Miba plans to invest around EUR 100 million in China over the next four years. Two new plants are being built in Suzhou near Shanghai and Qingxi near Shenzhen.

Tomsk Electromechanical Plant (TEMZ) has invested more than 1 billion rubles in a new production facility making equipment for Gazprom, with a total project investment of 1.5 billion rubles. The project includes a joint venture to produce anti-surge and control valves and electric drives.

Pepperl+Fuchs plans to modernize its Chennai enclosure production facility in India, acquired in 2016 from Petroleum Safety Products Industries, as part of an investment project to expand it to global scale. The plant employs about 100 people.