# Thyssenkrupp opens escalator factory in Kocaeli, Turkey

Thyssenkrupp Elevator opened an escalator production facility in Kocaeli, Turkey, as part of a EUR 20 million investment. The facility has an initial annual capacity of 1,200 units.

- Type: New facility
- Announced: 2023-04-17
- Where: Kocaeli, Türkiye
- Value: $24.0M (20.0M EUR)
- Starts operating: 10 May 2018
- Status: completed
- Capacity: 1,200 units per year
- Products: escalators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [thyssenkrupp Elevator](https://endata.com/companies/17144.md)

## Sources

- [invest.gov.tr](https://www.invest.gov.tr/en/news/news-from-turkey/pages/germanys-thyssenkrupp-opens-escalator-factory-in-kocaeli.aspx), 2023-04-17: "Thyssenkrupp once again demonstrates its confidence and commitment to Türkiye with the inauguration of this facility."

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