The Electrolux Group has announced that it will invest approximately $147 million in automation, digitalization and innovation at its manufacturing facility in Susegana, Italy.
The Swedish-based company, whose US operations are based in Augusta, Georgia says that the investment is part of its previously communicated manufacturing investment program (announced at the Capital Markets Day in 2017).
Focused on automation, digitalization and improved innovation capabilities through new modularized product platforms, the program is expected to generate annual cost savings of approximately $321 million with full effect from 2024.
The decision to invest in Susegana follows an agreement with local unions regarding the continued industrial development of Electrolux operations in Italy.
Scheduled to be completed in 2022, the investment includes two new assembly lines and resources for product and process development.
This will support the competitiveness of Electrolux built-in refrigeration products and enable the company to achieve top performance levels in coming European energy label regulations.
The upgrade will also entail improved ergonomics at workstations throughout the facility.