# Maxion Wheels opens new truck steel wheels plant in Turkey with Inci Holding

Maxion Wheels announced the opening of a new truck steel wheels plant in Turkey with partner Inci Holding, and will build a forged aluminum CV wheels facility starting production in late 2024. Combined investments exceed $150 million from 2021 through 2025.

- Type: Expansion
- Announced: 2022-09-20
- Where: Turkey, Türkiye
- Value: $150.0M
- Starts operating: 2024
- Status: under construction
- Capacity: 1.5 million new truck wheels capacity in Turkey; 350,000 forged aluminum wheels annually initially
- Products: truck steel wheels, forged aluminum commercial vehicle wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Maxion Wheels](https://endata.com/companies/30173.md)
- [İnci Holding](https://endata.com/companies/61660.md) (partner)

## Sources

- [kommunikasjon.ntb.no](https://kommunikasjon.ntb.no/pressemelding/17941210/maxion-wheels-announces-next-investments-in-commercial-vehicle-wheel-portfolio?publisherId=90063), 2022-09-20: "Our recent commercial vehicle steel wheels expansions to serve customers in Europe and in Brazil will increase our annual global steel truck wheels installed capacity by about 25%, from eight to ten million."

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