New Balance has announced plans to open an advanced manufacturing facility in Methuen, Massachusetts. The new plant, which is expected to start operations within the next 12-18 months, will complement the company's existing factory in Lawrence, also in Massachusetts. The new facility will include advanced manufacturing, R&D and 3D printing operations. For New Balance, which has five factories in the U.S. and one in the U.K. for the European market, the move comes a few weeks after Nike called off a partnership with a Silicon Valley manufacturing company, Flex, which would have involved the construction of a $100 million shoe factory in Guadalajara, Mexico, near the U.S. border. Flex said the two partners decided to stop the project at the end of 2018 because it would not have been commercially viable.

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