# €50M investment to create compressor production hub at ex-Embraco plants

A new production hub for 6 million refrigerator compressors per year by 2024 is being established at the former Embraco plants in Riva di Chieri and Acc di Belluno, Italy, with a total investment of €50 million from public and private sources.

- Type: Investment
- Announced: 2020-09-15
- Where: Riva di Chieri and Belluno, Italy, Italy
- Value: $59.0M (50.0M EUR)
- Starts operating: 2024
- Status: announced
- Capacity: 6 million compressors per year
- Products: refrigerator compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Embraco](https://endata.com/companies/2194.md)

## Sources

- [ansa.it](https://www.ansa.it/sito/notizie/topnews/2020/09/15/embraco-produrra-compressori-frigo-nasce-polo_87c25425-867d-457d-9e0a-47efe8190b0b.html), 2020-09-15: "Nasce un polo per la produzione di 6 milioni di compressori per frigoriferi entro il 2024, che comprende gli stabilimenti ex Embraco di Riva di Chieri e Acc di Belluno"

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