# Yocean Group to expand transformer plant in Kenya with $2M investment

Yocean Group Limited plans to invest $2 million to expand its transformer manufacturing base in Nairobi, Kenya, by buying 5 acres of land and new equipment. Production of insulators and circuit breakers is expected to begin in May 2017.

- Type: Expansion
- Announced: 2017-01-13
- Where: Nairobi, Kenya
- Value: $2.00M
- Starts operating: May 2017
- Status: announced
- Products: transformers, insulators, circuit breakers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Yocean Group Limited](https://endata.com/companies/21455.md)

## Sources

- [chinadaily.com.cn](https://www.chinadaily.com.cn/a/201701/13/WS5a2924aba310fcb6fafd3f4c.html), 2017-01-13: "Yocean plans to buy 5 acres of land on which to expand its manufacturing base to 5,000 square meters currently in an industrial park in Nairobi."

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