LOVATO Electric proudly announces the start of construction work on a new, modern building at its headquarters in Gorle (BG). A €14 million investment marks a milestone in the growth of the company and its production capacity.
The new building will cover an area of 4800 square meters and will house two strategic departments for the company: tooling, where molds are made, and molding, where plastic components are manufactured.
Major investments
The new facility will be equipped with state-of-the-art facilities designed to ensure maximum energy efficiency
This expansion will also free up space in the historical building, where other major investments are planned. The new facility will be equipped with state-of-the-art facilities designed to ensure maximum energy efficiency and reduced environmental impact.
In addition, there will be a warehouse for the storage of molds with earthquake and fireproof features, guaranteeing the safety and protection of these important assets.
Thanks to the introduction of new technologically advanced machinery, LOVATO Plastic will enable a significant increase in productivity capacity, together with speed and responsiveness to better meet market demands.
Economic development
The investment will also lead to the creation of new jobs, contributing to local economic development and strengthening the link between the company and the area. Construction work has just started and is scheduled for completion in August 2026.
Massimiliano Cacciavillani, CEO of LOVATO Electric, commented: "So much technology in one place. Having concentrated many of our processes (R&D, prototyping, test and validation laboratories, mould construction, plastic moulding, production of electronic boards, assembly and testing lines, etc.) in a single production site gives us the advantage of being faster and more flexible than our competitors in following market trends and efficient in the time to market of new products."
Ambitious challenges
Through this new project, LOVATO Electric once again demonstrates its willingness to take on ambitious challenges with a strong commitment to innovation, sustainability, and the enhancement of human capital.
LOVATO Electric is a company located in Bergamo with over 100 years of history and a leader in the design and manufacture of low-voltage electrical components for industrial applications and in the development of energy monitoring software.
The successes achieved over time in Italy have allowed the company to open 14 foreign branches and activate a network of over 90 importers that guarantee the availability of its products in more than 100 countries worldwide.
