# Eurocoil receives €15M investment for new facility in Italy

Eurocoil received a €15 million investment from its parent Baltimore Aircoil Company to build a new 9,000m2 production facility in Bovolone, Italy, and double personnel.

- Type: Expansion
- Announced: 2023-01-19
- Where: Bovolone, Italy, Italy
- Value: $16.3M (15.0M EUR)
- Status: under construction
- Capacity: 9,000m2 facility
- Products: finned coils, remote condensers, dry coolers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Eurocoil](https://endata.com/companies/56219.md)
- [Baltimore Aircoil Company](https://endata.com/companies/47619.md) (investor)

## Sources

- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/eurocoil-receives-e15-million-investment-for-expansion-from-u-s-parent-bac/), 2023-01-30: "Following this investment, production volumes will increase, and we will introduce a new assembly line for the components we already produce."

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