Brownfield Investment

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Brownfield Investment

The purchase of a previously constructed factory or other facility in order to use it for a new activity. For example, a company that makes hammers may buy a factory that previously made screwdrivers in order to expand their hammer-making operations. Brown field investment is relatively common in foreign direct investment.
References in periodicals archive ?
The Line 6 Expansion project, as Potline 6's development is dubbed, is one of the GCC's largest brownfield investments, and is due to increase Alba's annual production by 540,000 tonnes.
The expenses on pumps broadly fall under either of the two investment categories, greenfield investments (for instance setting up of a new mine) or brownfield investments (refurbishing an existing facility).
Panattoni Europe has been tasked not only with supervising the construction, acceptance of the finished facility and hand-over to the client, but also with carrying out the legal and administrative procedures - including those specific to brownfield investments. The developer converted the land on which the new facility will be built and restored it to the condition amenable to the construction of a modern warehouse.
For the time being, brownfield investments have supplanted greenfield projects.
Speaking in the Senate Session during question hour, he said that the ministry has taken many initiatives through its organizations including announcement of Automotive Development Policy (ADP 2016-21) to attract investment in Greenfield for installation of new automotive plants and Brownfield investments for revival of closed down units.
India considers both the inflow of foreign funds for acquisition of existing assets (brownfield investments) and investments made to create new assets (greenfield investments), as FDI.
Amphenol has already undertaken two Brownfield investments in Kocani.
The geo-political instability in the Middle East may further dampen investor sentiments and impede greenfield and brownfield investments. ae1/4A ae1/4A
In the recent few months, the banks are intensively cooperating with the Agency for Foreign Investments and the old business objects that banks offer for sale are part of the Government's project for so-called brownfield investments which includes 400 objects offered to foreign investors.
The cement sector will also contribute significantly to the positive Dispdacement Compressor market's revenues, as the widening gap between supply and demand in this sector will lead to both greenfield and brownfield investments, boosting the demand for positive displacement compressors.
Since its inception EPA's Brownfield investments have leveraged more than $18.3 billion in cleanup and redevelopment funding from a variety of public and private sources and have resulted in approximately 75,500 jobs.
Both Greenfield and Brownfield investments are in line with the initiative of Make in India and thus there is no proposal under consideration of Government to restrict such investments only to Greenfield project.