# IGB Automotive invests EUR 2M in new fan motor production line in Indjija

IGB Automotive will invest EUR 2 million in new equipment for a production line of fan motors at its facility in Indjija, Serbia. The line is expected to start production in mid-2018 with a capacity of one million fan motors per year.

- Type: Investment
- Announced: 2017-09-22
- Where: Indjija, Serbia
- Value: $2.40M (2.00M EUR)
- Starts operating: Jul 2018
- Status: announced
- Capacity: 1,000,000 fan motors per year
- Products: fan motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IGB Automotive](https://endata.com/companies/21671.md)

## Sources

- [serbianmonitor.com](https://www.serbianmonitor.com/en/igb-automotive-new-equipment-in-indjija/), 2017-09-22: "With an investment of EUR 2 million in the latest machinery and facilities, we will make a production line for various types of fan motors."

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