# PTG completes expansion of Malmefjorden factory with NOK 20M investment

PTG completed an expansion of its Malmefjorden factory in Hustadvika, Norway, costing over NOK 20 million. The new production facilities will be officially opened by Prime Minister Erna Solberg on February 10, 2021, and further investment in equipment is planned.

- Type: Expansion
- Announced: 2021-02-05
- Where: Malmefjorden, Hustadvika, Norway
- Value: $2.30M (20.0M NOK)
- Starts operating: 10 Feb 2021
- Status: completed
- Products: refrigeration technology
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [PTG](https://endata.com/companies/41451.md)

## Sources

- [ptg.no](https://www.ptg.no/en/prime-minister-to-open-expanded-malmefjorden-factory/), 2021-02-05: "PTG decided in the autumn of 2019 to expand the Malme­fjorden factory at a cost of more than NOK 20 million."

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