# Genborg plans additional workshop for electric motor production

Genborg plans to build an additional workshop to expand production of asynchronous explosion-proof and industrial electric motors, funded by a 710 million ruble credit line from Sberbank. The new capacity is expected to launch in Q2 2017.

- Type: Expansion
- Announced: 2016-11-18
- Where: Usman, Lipetsk region, Russia
- Value: $11.0M (710.0M RUB)
- Starts operating: Q2 2017
- Status: announced
- Products: asynchronous explosion-proof electric motors, industrial electric motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Genborg](https://endata.com/companies/19710.md)

## Sources

- [lipetsknews.ru](https://lipetsknews.ru/biznes/28372), 2016-11-18: "Планируется, что новые производственные мощности будут запущены уже во втором квартале 2017 года."

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