# Astor completes mechanical factory investment of 200 million TL in Turkey

Astor, a transformer manufacturer, completed construction of a mechanical factory on 40 decares of land in June 2020 and started operations in early 2021. The total investment is 200 million TL, including process improvements and new production lines.

- Type: Expansion
- Announced: 2021-04-15
- Where: Türkiye
- Value: $24.0M (200.0M TRY)
- Starts operating: 2021
- Status: completed
- Products: power transformers, mechanical construction
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Astor](https://endata.com/companies/22618.md)

## Sources

- [elektrikdunyasi.com.tr](https://elektrikdunyasi.com.tr/roportaj/25-enver-gecgel-yurt-disinda-fabrika-kuracagiz/), 2021-04-15: "Astor, 200 milyon TL olarak planlanan yatırımla güç transformatörleri mekanik konstrüksiyon ihtiyaçları dahil olmak üzere tüm mekanik konstrüksiyon ihtiyaçlarının tamamını kendi imkanlarıyla karşılamış olacak."

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