Hyundai Heavy Industries Turbomachinery signed an MOU with Pohang city and Gyeongbuk province to invest 100 billion won through 2029 in a new plant at Yeongilman 4 industrial complex producing eco-friendly turbomachinery and SMR equipment. About 100 jobs are expected to be created.
Westerman will invest $45 million to establish a new nuclear manufacturing operation in Hebron, Ohio, primarily supporting the expansion of Centrus Energy's American Centrifuge Plant in Piketon. The project will create 135 jobs.
Terravanta Power Systems, a Kaishan Group geothermal company, broke ground on a $74.5 million, 200,000-square-foot manufacturing facility in Loxley, Alabama, making screw and turbine expander systems. The project will create 63 new jobs.
HydraSpecma Group opened its new Tianjin factory in the TEDA West Zone on 8 July 2026, investing RMB 100 million to make hydraulic, lubrication and cooling systems for wind turbines, expected to generate over RMB 700 million in annual production value.
Kazankompressormash opened a new assembly and testing complex in Zelenodolsk, Tatarstan, on June 18, 2026, with total investment of 10.7 billion rubles, to make compressors for LNG plants.
Montreal-based valve maker Velan plans a new facility in Durham Region, east of Toronto, to manufacture reactor integral and containment isolation valves for small modular reactors. The plan was announced alongside a partnership with GE Vernova Hitachi Nuclear Energy on June 17, 2026.
Liancheng Group broke ground in June 2026 on its Phase IV Smart Nuclear Pump Project at the Liancheng Suzhou Industrial Park in Taicang, adding about 55,000 square meters of factory space.
IMI PLC has opened a new precision engineering facility in Lake Forest, California, for severe service control valves serving the energy sector. The campus replaces the Rancho Santa Margarita site and consolidates more than 200 employees.
Newway Valve (纽威股份) announced plans to invest about CNY 1.2 billion in a high-performance fluid control valve project in Suzhou, expected to be completed around March 2027 with capacity of 300,000 valves a year and output value of about CNY 2.5 billion. The project responds to rising orders for power and water valves.
Woodward held the grand opening of a new Heavy Frame Turbine Valve and Actuator repair and overhaul facility in Greenville, South Carolina. The site doubles its North American service capacity for heavy frame gas turbine valves and actuators.
Construction began on HydraSpecma A/S's new production base in the West Zone of Tianjin Economic-Technological Development Area, a 100 million yuan project with TEDA City Development Group. The hydraulic systems plant is scheduled to be operational by June 2026 and will become HydraSpecma's sole production and R&D base in China.
Qingdao Power Station Valve Co. is building a high-end pump and valve fluid equipment production base in Licang District, Qingdao, with a total investment of 520 million yuan. Construction began in April 2025, with completion and production targeted for this year and annual capacity of 11,000 tonnes.
ACTOM subsidiary LH Marthinusen launched an industrial fan production facility in Germiston, Gauteng, costing R32 million. The fans will support Eskom's air pre-heater infrastructure.
GE Vernova T&D India will invest about USD 16 million to add a HVDC and FACTS manufacturing line at its Chennai plant and build a new facility in Noida, India.
INNIO Group is building a new 4,000 square meter production site in Hall in Tirol, Austria, to manufacture Jenbacher engine components; operations start in Q4, with completion scheduled for 2026.
Объединенный машиностроительный завод ЛВМ, a nuclear-industry equipment maker, became a resident of the Novgorod special economic zone and plans to produce pump spare parts, pump units and piston compressors for nuclear plants there. The project is valued at RUB 1.3 billion and is expected to create 120 jobs.
Russia's Novgorod SEZ expert council approved the application of Obedinenny Mashinostroitelny Zavod LVM to produce pump units, spare parts and piston compressors for Russian nuclear power plants. The investment is 1 billion rubles and creates 120 jobs.
Chinese compressor maker Kaishan Group plans a $1 billion factory on a 20,000 square metre site in the İzmir Free Zone (İZBAŞ) to make compressors for geothermal and industrial plants, mainly for export. Groundbreaking was expected in Q1 2025, with completion within a year.
Turkish company Dalgakiran Kompresor opened a production and maintenance facility in Bilohorodka, Kyiv region, after investing UAH 400 million (about $10 million). The plant makes generator and compressor equipment, cooling systems and industrial pumps and created 50 jobs.
Johnson Controls unveiled its global manufacturing center for York M multistage centrifugal compressors at its Wuxi factory in China, announced August 15, 2024.
Turkish Dalgakıran Kompresör has completed a new plant for industrial energy equipment in Belogorodka, Kyiv region, investing UAH 400 million (about $10 million). The investment is expected to create 50 new jobs.
Dalgakiran Compressor Ukraine opened an energy equipment manufacturing plant in the Kyiv region in July 2024, focused on gas-fired cogeneration units and generators. UAH 400 million was invested in completing construction.
Siemens Energy will build its first U.S. transformer production facility in Charlotte, North Carolina, with a $149 million investment expected to create 559 local jobs. Manufacturing is set to begin in early 2026.
Atlas Copco broke ground on its China headquarters project for industrial compressor R&D and manufacturing in Wuxi, Jiangsu, with total investment near RMB 3 billion and annual capacity of 163,000 units once complete.
Shandong Hongfeng Intelligent Equipment is starting trial production at its 80,000 sets/year high-end industrial valve plant in Dongying's economic development zone, a project with 150 million yuan fixed-asset investment and about 200 jobs.
Mott Corporation announced a new 65,000 square foot facility near its Farmington, Connecticut headquarters. It will create at least 100 local jobs, double production of its porous metal sheets for green hydrogen, and involve total investment of tens of millions of dollars.
IMI Critical Engineering officially opened a new 16,000 m2 factory in Sardinia on 18 October 2022 to manufacture valves and hydraulic actuating systems for petrochemical applications along with IMI VIVO electrolysers; the 45,000 m2 site employs over 200 people.
JDR Cable Systems reached final agreement under the UK government's OWMIS scheme for financial support for its £130m subsea cable factory in Cambois near Blyth, Northumberland. Construction starts in summer 2022 with opening planned for 2024 and 171 jobs expected.
Shengu Group broke ground on its compressor supporting industrial park and reciprocating machine production test base in Shenyang, a 160 million yuan project expected to start production by end-2022.
Sulzer opened a 10,500 sq ft service centre in Vadodara, Gujarat, India for repairs, upgrades and parts manufacturing of pumps, steam turbines, compressors and expanders. The site has added CNC and balancing equipment.
Aramco signed an agreement with Doosan Heavy Industries & Construction and Dussur to establish a casting and forging joint venture in Saudi Arabia with a production target of 60,000 tons per year, supplying industrial and process equipment.
Azad Engineering has begun setting up its third manufacturing facility in Medchal Malkajgiri district near Hyderabad, investing over Rs 500 crore over three years to make critical components for aviation and power generation. The foundation stone was laid on November 22, 2021, and about 1,000 jobs are expected.
E.ON has brought into operation a 3 MW trigeneration plant that supplies electricity, heat and cooling to Amcor Flexibles' Lugo di Vicenza packaging plant. The plant is expected to avoid over 3,000 tonnes of CO2 emissions per year.
Northvolt announced a new highly automated battery module and energy storage systems plant with an R&D centre in Gdańsk, Poland, with investment of nearly USD 200 million and up to 500 jobs. Production is to start in 2022.
Marmen, with Welcon, is part of Equinor's proposal, selected by NYSERDA, for the first US offshore wind tower factory at the Port of Albany, New York. Production is planned for late 2023 and the project could create up to 350 jobs.
Power Pool Plus is moving all major manufacturing and fabrication of its industrial power generation products to a new 30,000+ square foot facility at 1107 Willard Road in Greenwood, South Carolina, a multi-million dollar investment projected to create 21 jobs.
Construction has started at Kazankompressormash in Tatarstan on a new production site for large compressors. The new workshop will produce units with drive capacity above 25 MW.
Korea-based Hyosung Heavy Industries will invest $86.9 million to create 410 jobs at a new US production facility in Shelby County, Memphis, Tennessee, making power transformers. Production is planned to start by the first half of 2020.
McLaren Packaging and Swanline Group's joint venture CorrBoard Bioenergy has invested GBP 5.5 million in a renewable energy plant fuelled by organic waste. It will supply heat and power to CorrBoard UK's corrugated board production in Scunthorpe.
Avingtrans subsidiary Hayward Tyler formally opened a new 3,250 m2 factory in Kunshan, Jiangsu Province, China, to manufacture performance-critical pumps and expand service. The announcement is dated 16 January 2019.
Wärtsilä's EPC-built 130 MW gas-fuelled power plant near Monterrey, Mexico, commenced full operations in September 2018 for Pemcorp and Arroyo Energy Investors, with a three-year O&M agreement.
PSA AVTEC Powertrain, a joint venture of Groupe PSA and AVTEC Group, opened a greenfield facility in Hosur to make transmissions and BS VI engines, with an investment of ₹600 crore and 800 new jobs.
LM Wind Power, a GE Renewable Energy subsidiary, has launched its offshore wind turbine blade plant in Cherbourg, France. About 100 jobs will be created by end-2018, with the site eventually employing more than 550 people and producing the 107-metre LM 88.4 P blade.
Argentine equipment maker Ing. Ramón Russo inaugurated a new 2,100 m² industrial plant and showroom near Salta Capital's industrial park on September 21, 2017, producing diesel and gas generator sets, fire protection systems, pressurization equipment and motor pumps.
Japanese bearing maker NSK is launching a new plant in Fujisawa, Kanagawa, this autumn to produce very large bearings used in railways and wind power generation.
Unit 4 of the Beloyarsk nuclear power plant, the 789 MWe BN-800 fast neutron reactor, has started commercial operation, state corporation Rosatom announced. The reactor burns mixed uranium-plutonium fuel.