The device hasn't been officially announced, but it's possible the Neo could be making an appearance sooner rather than later.
The investment will be made over four years and operations at the facility will begin in the first half of 2016.
Although its US business is humming along just fine, international expansion will provide the real growth for the video-streaming company.
Austria and Switzerland are next on the streaming-video service's list as it tries to amp up its growth across Europe.
The company has officially launched in France, but it faces a rough welcome.
Bitcoin wallet and exchange says its expansion will increase access and adoption of the digital currency across Europe.
Thousands of euros are pouring in for a camera project to give digital-video folks an alternative to the power and control of big names like Sony and Canon. It'll be tough, but the timing couldn't be better.
From the end of September, Nest products will go on sale officially in more European countries.
The Croquade Twins Waffle Maker features interchangeable plates so waffles of varying sizes can be made.
Grin Gamestudio's Woolfe puts Little Red Riding Hood in a truly grim industrial nightmare.