# Punch Powertrain builds gearbox plant in Zanjan, Iran

Punch Powertrain is building a factory in Zanjan, Iran, with an investment of 15 to 20 million euros. The plant will start with one production line, 100 employees, and capacity of 50,000 to 70,000 gearboxes per year, expected to be operational in 2018.

- Type: New facility
- Announced: 2017-02-07
- Where: Zanjan, Iran, Iran
- Value: $18.5M (17.5M EUR)
- Jobs: 100
- Starts operating: 2018
- Status: under construction
- Capacity: 50,000 to 70,000 gearboxes per year
- Products: gearboxes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Punch Powertrain](https://endata.com/companies/2786.md)
- [Saipa](https://endata.com/companies/22048.md) (customer)

## Sources

- [automotiveworld.com](https://www.automotiveworld.com/news-releases/punch-powertrain-opens-plant-iran/), 2017-02-07: "With an investment of 15 to 20 million, the plant will start with one production line."
- [automotiveworld.com](https://www.automotiveworld.com/news/punch-powertrain-opens-plant-iran/), 2017-02-07: "With an investment of 15 to 20 million, the plant will start with one production line."

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