TKE ALAT to build $76M elevator and escalator plant in Dammam

TKE ALAT, a joint venture between TK Elevator and Alat, broke ground on a new elevator and escalator manufacturing facility in Dammam's Third Industrial City, Saudi Arabia. The investment is approximately SAR 285 million ($76 million), with completion expected by end of 2027.

“This facility will be TKE’s first to manufacture low-, mid-, and high-rise elevators as well as escalators under one roof anywhere in the world, creating highly skilled jobs and contributing sustainably to Saudi Vision 2030.”tkelevator.com

• 1 source
• tkelevator.comTKE ALAT to Invest SAR 285m in Dammam Manufacturing and Multi-Purpose Facility – First TK Elevator Site to Produce Low-, Mid-, and High-Rise Elevators and Escalators in One LocationJun 10, 2026

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