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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Kordsa invests $7M to expand single-end cord production in Turkey · Endata

◂ Announcements

Dec 4, 2022EXPANSIONTurkey, Türkiye

Kordsa invests $7M to expand single-end cord production in Turkey

Kordsa announced a $7 million investment to add a second single-end cord dipping unit in Turkey, starting production in Q1 2024, to increase capacity for tire applications.

Value

$7.00M

Starts operating

Q1 2024

Status

Announced

Productssingle-end polyester cord

CompaniesKordsa

Sectors#Automotive Components #Industrial Textiles

“İkinci tek kordlu daldırma ünitesine yapılan 7 milyon dolarlık yatırımın, şirketin otomotiv endüstrisinin yenilikçi hammadde talebini karşılama stratejisinin 'önemli bir parçası' olduğunu söyledi.”lastikmagazin.com

1 source
lastikmagazin.comKordsa, Türkiye’de Kord Üretim Kapasitesini Artıracak | Lastik MagazinLastik MagazinDec 4, 2022

Summarized from public sources; check the original articles before acting on it.

More from Kordsa

Jan 1, 2025ACQUISITIONItaly
Kordsa finalizes acquisition of Microtex Composites
Kordsa acquirer Microtex Composites target microtexcomposites.com
Nov 22, 2024EXPANSIONChattanooga, Tennessee, United States$50.0M
Kordsa expands Nylon 66 yarn plant in Chattanooga
Kordsa industrialinfo.com
Jan 3, 2024CONTRACTTürkiye
Kordsa signs long-term agreement with FACC for fire-retardant products
Kordsa FACC AG customer compositesworld.com
Apr 18, 2023EXPANSIONChattanooga, Tennessee, United States$50.0M200 jobs
Kordsa to invest $50M expanding tire cord fabric capacity in Chattanooga
Kordsa tn.gov
Feb 24, 2023ACQUISITIONPennsylvania and California, United States$100.0M
Kordsa to acquire Fabric Development Inc. and Textile Products Inc. for $100M
Kordsa acquirer Fabric Development Inc. target aa.com.tr
Dec 4, 2022EXPANSIONChattanooga, Tennessee, United States$20.0M
Kordsa invests $20M to double tire cord fabric capacity in Chattanooga, Tennessee
Kordsa lastikmagazin.com

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