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TROX Air Conditioning Components (Suzhou) Co Ltd received a construction permit on December 30, 2024, for a new plant in Suzhou Industrial Park, China. The project covers 42,000 sqm with a total built-up area of 50,000 sqm and an investment of RMB490 million.
TROX GmbH launched construction on its Asia-Pacific R&D and manufacturing headquarters in Suzhou Industrial Park (SIP) on November 11, 2024. The project, with a total investment of about $70 million, is scheduled to come into operation in 2026.
TROX GmbH agreed to acquire 100% of KS Klima-Service, a Czech leader in air filters and filtering equipment, from Genesis Private Equity Fund II and other shareholders.
| Site | Largest | Latest |
|---|---|---|
| Suzhou Industrial Park, China | $70.0M | 2024-12-30 |