# 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.

- Type: New facility
- Announced: 2026-06-10
- Where: Dammam's Third Industrial City, Saudi Arabia
- Value: $76.0M
- Starts operating: 2027
- Status: under construction
- Products: elevators, escalators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TKE ALAT](https://endata.com/companies/92408.md)
- [TK Elevator](https://endata.com/companies/32554.md) (partner)
- [Alat](https://endata.com/companies/75722.md) (partner)

## Sources

- [tkelevator.com](https://www.tkelevator.com/global-en/newsroom/press-releases/tke-alat-to-invest-sar-285m-in-dammam-manufacturing-and-multi-purpose-facility-%E2%80%93-first-tk-elevator-site-to-produce-low-mid-and-high-rise-elevators-and-escalators-in-one-location-199232.html), 2026-06-10: "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."

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