Carlsberg is adding a new soft drinks canning line at its Rugby factory in the UK to “significantly increase” production capacity at the site. According to the Danish brewing giant, the new £20m ($40.1m) canning line will create over 30 new jobs. Carlsberg's Rugby facility will now have ten canning lines and will be able to go from producing 560,000 canned soft drinks an hour to 610,000 for the UK market. The investment will also enable the location to produce brands such as Tango and Pepsi Max. The in ...

Core Viewpoint - Mizuho downgraded Bloom Energy Corp. from Outperform to Neutral while raising its price target to $79.00 from $48.00, citing improved demand visibility but also production capacity constraints [1] Group 1: Company Performance and Projections - Bloom Energy is on track to expand its Fremont facility to 2 GW per year by the end of 2026, with potential increases to 3 GW annually by 2027 and 5 GW by 2029, depending on capital expenditure levels [2] - Mizuho estimates that equipment sales volume could grow at a 53% CAGR between 2025 and 2030, indicating strong future demand [2] - Additional growth opportunities may arise from new facilities or contract manufacturers, but Mizuho advises waiting for a multi-year backlog before committing to new capacity [2] Group 2: Market Dynamics - The company's ~900-MW project in Wyoming is highlighted as an early-stage signal for capacity expansion needs, reflecting the growing demand from utility-scale data center orders [1]

Mining company LKAB has announced plans to build a new sorting facility at its Malmberget mine in Gällivare, Sweden. The project will entail an investment of Skr6bn ($640.38m), the Swedish miner said. It is part of the company’s plans to enhance its sorting process and boost production capacity, all while minimising environmental impact. The construction phase is set to commence in 2025, with the plant anticipated to be operational by 2028. Michael Palo, LKAB senior vice-president for the Iron Ore segm ...

Core Viewpoint - Powell Industries, Inc. announced a $12.4 million investment to expand production capacity at its Jacintoport manufacturing facility, bringing total investments in the facility to approximately $20 million over the past eight years and nearly $40 million across its three Houston facilities to support organic growth plans [1][2]. Group 1: Investment Details - The investment will add 335,000 square feet of productive capacity for Power Control Room laydown area, representing a 62% increase from the current capacity [2]. - The length of the existing shoreline bulkhead will be doubled to 1,150 feet to enhance schedule flexibility and accommodate multiple ship lanes for various project needs [2]. Group 2: Market Outlook - The expansion is expected to support a strong cycle of Oil & Gas order activity driven by LNG project development over the next three to five years [2]. - Powell's facility will provide customers with a premier location for building onshore and offshore Power Distribution solutions, reinforcing the company's position in the market [2]. Group 3: Construction Timeline - Construction is anticipated to begin in the first quarter of Fiscal 2026 and is expected to be completed by late Fiscal 2026 [3]. Group 4: Company Overview - Powell Industries, Inc. designs, manufactures, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy, serving large industrial customers including utilities and oil and gas producers [4].