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STIEBEL ELTRON invests 600 million baht in Thai heat pump export plant · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Dec 4, 2023INVESTMENTBang Pa-In, Ayutthaya, Thailand

STIEBEL ELTRON invests 600 million baht in Thai heat pump export plant

STIEBEL ELTRON plans to invest 600 million baht in a new factory near its Bang Pa-In plant in Ayutthaya, Thailand, to produce heat pumps for export, with operations starting in 2025.

Value

$17.1M (600.0M THB)

Status

Announced

Productsheat pumpswater heaterswater filter systems

CompaniesStiebel Eltron

Sectors#HVAC and Industrial Refrigeration

“plans for a new 600 million baht investment in a nearby area are underway”thailandtv.news

1 source
thailandtv.newsSTIEBEL ELTRON Invests 600 Million Baht to Boost Heat Pump Production in Thailand - Thailandtv.newsDec 4, 2023

Summarized from public sources; check the original articles before acting on it.

More from Stiebel Eltron

Jan 8, 2025EXPANSIONHolzminden, Germany$75.0M
Stiebel Eltron to expand Holzminden heat pump plant with up to EUR 72 million investment
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Apr 24, 2023EXPANSIONHolzminden, Lower Saxony, Germany$495.0M800 jobs
Stiebel Eltron invests €450M to quadruple heat pump output in Holzminden
Stiebel Eltron pv-magazine.de archiv.nw-ihk.de immittelstand.de
Mar 22, 2022ACQUISITIONHameln, Germany
Stiebel Eltron acquires PAW GmbH & Co. KG in Hameln, Germany
Stiebel Eltron acquirer PAW GmbH & Co. KG target livingstonepartners.com
Oct 5, 2020ACQUISITIONFreudenberg, Germany, Germany
Stiebel Eltron to acquire majority stake in Zimmermann Lüftungs- und Wärmesysteme
Stiebel Eltron acquirer Zimmermann Lüftungs- und Wärmesysteme target buse.de
Apr 16, 2018ACQUISITIONArvika, Sweden210 jobs
Stiebel Eltron to acquire Thermia heat pump business from Danfoss
Danfoss partner Danfoss target danfoss.com hvnplus.co.uk

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