# Star Boiler to build $20M water heater plant in Almaty

South Korean company Star Boiler signed a memorandum to build a plant in Almaty, Kazakhstan, for production of water heaters and industrial equipment. The total investment is $20 million, with a capacity of up to 6,000 units annually and creation of 300 new jobs.

- Type: New facility
- Announced: 2020-01-24
- Where: Almaty, Kazakhstan
- Value: $20.0M
- Jobs: 300
- Status: announced
- Capacity: 6,000 units per year
- Products: water heaters, heat exchangers, furnaces, metal containers, tanks, industrial equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Star Boiler](https://endata.com/companies/44772.md)

## Sources

- [almaty.invest.gov.kz](https://almaty.invest.gov.kz/media-center/press-releases/kazakh-invest-i-yuzhnokoreyskaya-star-boiler-podpisali-memorandum-o-realizatsii-investproekta/), 2020-01-24: "The project involves construction of a plant for production of water heaters and industrial equipment in Almaty."

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