# Elektrisola to invest $25.5M expanding Hangzhou factory

Elektrisola, a German manufacturer of enameled copper wire, decided to invest $25.5 million to extend its factory in Pingyao town, Yuhang district, Hangzhou, China. The expansion is expected to come into service at the end of 2019.

- Type: Expansion
- Announced: 2018-10-22
- Where: Pingyao town, Yuhang district, Hangzhou, Zhejiang, China
- Value: $25.5M
- Starts operating: 2019
- Status: announced
- Products: enameled copper wire
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Elektrisola](https://endata.com/companies/35029.md)

## Sources

- [global.chinadaily.com.cn](http://global.chinadaily.com.cn/a/201810/22/WS5bcdc12ba310eff303283d88_1.html), 2018-10-22: "Elektrisola has decided to further expand its business in China by investing $25.5 million to extend its factory which will come into service at the end of 2019."

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