# Genborg starts electric motor production at new plant in Lipetsk region

Genborg LLC, which officially opened its plant in Usmansky District, Lipetsk region in November 2016 for 1.3 billion rubles, has started production of its first batch of electric motors, with plans to reach 25,000 motors per year by end of 2017 and 75,000 per year after a second phase by end of 2019.

- Type: New facility
- Announced: 2017-01-19
- Where: Usmansky District, Lipetsk region, Russia
- Value: $22.0M (1.30B RUB)
- Starts operating: Nov 2016
- Status: completed
- Capacity: 25,000 motors per year (phase 1), 75,000 motors per year (phase 2)
- Products: low-voltage explosion-proof electric motors, general industrial electric motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [lipetsknews.ru](https://lipetsknews.ru/biznes/28676), 2017-01-19: "Компания «Генборг», которое в ноябре 2016 года официально открыло свой завод в Усманском районе Липецкой области за 1,3 млрд рублей, приступила к производству первой партии своей продукции."

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