# 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.

- Type: Expansion
- Announced: 2022-12-04
- Where: Turkey, Türkiye
- Value: $7.00M
- Starts operating: Q1 2024
- Status: announced
- Products: single-end polyester cord
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kordsa](https://endata.com/companies/28625.md)

## Sources

- [lastikmagazin.com](https://lastikmagazin.com/?p=14230), 2022-12-04: "İkinci tek kordlu daldırma ünitesine yapılan 7 milyon dolarlık yatırımın, şirketin otomotiv endüstrisinin yenilikçi hammadde talebini karşılama stratejisinin 'önemli bir parçası' olduğunu söyledi."

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