Corporate and M&A

​New Balance invests $65 million to expand factory in Maine

2023-06-08T05:46:00

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New Balance has announced a $65 million investment to expand its current athletic footwear manufacturing facility in Skowhegan, Maine. The expansion consists of an 11,150-sqm single-story addition to the existing five-story factory building, set for completion by the end of 2024, with around 1,900 sqm of the existing building also ...

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