# Aksa Jeneratör and Mitsubishi Heavy Industries form joint venture for generator production

Aksa Jeneratör and Mitsubishi Heavy Industries have signed an agreement to establish a joint company for high-tech power generator production. The new company, based in the Asia Pacific, will manufacture generators under the Mitsubishi-Aksa brand in Turkey and China, creating an additional business volume of $100 million per year.

- Type: Partnership
- Announced: 2019-11-14
- Where: Turkey and China, Türkiye
- Value: $100.0M
- Status: announced
- Products: power generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner)
- [Aksa Jeneratör](https://endata.com/companies/43313.md) (partner)

## Sources

- [dailysabah.com](https://www.dailysabah.com/technology/2019/11/14/aksa-jenerator-partners-up-with-mitsubishi-for-joint-generator-production), 2019-11-14: "The new company, under the Mitsubishi-Aksa brand, will manufacture generators in Turkey and China."

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