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Brandt Group, a Franco-Algerian home appliances manufacturer, invested €500 million in a new 110-hectare production facility in Algeria, the largest in Africa, to shift production away from China and reduce lead times.
Brandt Group will acquire a 200,000-square-foot farm equipment plant in McLean County, Illinois from Kongskilde Industries. Brandt plans to spend $13 million on plant improvements and expects to bring up to 500 jobs to the area.
| Site | Largest | Latest |
|---|---|---|
| Algeria, Algeria | $575.0M | 2018-10-17 |