# Bitzer to invest 300M yuan in Beijing factory expansion

Bitzer, a German compressor technology company, will invest 300 million yuan (about $43 million) in its Beijing factory, including a new 4,800-square-meter R&D building. The foundation-laying ceremony is scheduled for April 2023.

- Type: Investment
- Announced: 2023-03-11
- Where: Beijing, China
- Value: $43.0M (300.0M CNY)
- Status: announced
- Products: compressors for refrigeration and air conditioning
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [BITZER](https://endata.com/companies/847.md)
- [Bitzer Refrigeration Technology (China) Co., Ltd.](https://endata.com/companies/69072.md)

## Sources

- [english.news.cn](https://english.news.cn/20230311/56f32be202d24a10a711f92056ceae36/c.html), 2023-03-11: "We have brought in some equipment, so we desperately need the building as soon as possible."

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