# Migiteks Tekstil completes first phase of $240M lycra plant in Niğde, Turkey

Migiteks Tekstil has completed the first phase of a lycra factory in the Niğde Organized Industrial Zone, with an annual production capacity of 7,000 tons. The total investment for all three phases is approximately $240 million.

- Type: New facility
- Announced: 2026-02-24
- Where: Niğde Organized Industrial Zone, Türkiye
- Value: $240.0M
- Starts operating: 24 Feb 2026
- Status: under construction
- Capacity: 7,000 tons annually (first phase); 35,000 tons annually (all phases)
- Products: lycra (synthetic fiber)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Migiteks Tekstil](https://endata.com/companies/90501.md)

## Sources

- [etextilemagazine.com](https://www.etextilemagazine.com/migiteks-tekstil-produces-7-thousand-tons-of-lycra-annually.html), 2026-02-24: "At the lycra factory with an investment value of approximately 240 million dollars, whose first phase has been completed in the Niğde Organized Industrial Zone (OIZ), 7 thousand tons of lycra are produced annually."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.