# Tulazherdormash to create new production sites and upgrade equipment with RUB 2.5 billion investment

Tulazherdormash signed an agreement to build new production sites and modernize equipment with a RUB 2.5 billion investment, creating at least 80 new jobs. The project is to be completed by 2026.

- Type: Expansion
- Announced: 2023-06-15
- Where: Tula, Russia
- Value: $28.0M (2.50B RUB)
- Jobs: 80
- Starts operating: 2026
- Status: announced
- Products: innovative track machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tulazherdormash](https://endata.com/companies/70847.md)

## Sources

- [1tulatv.ru](https://1tulatv.ru/novosti/196304-na-tulazherdormashe-sozdadut-novye-proizvodstvennye-ploshchadki-i-obnovyat/), 2023-06-15: "Губернатор Алексей Дюмин и член Совета директоров АО «Тулажердормаш» Александр Силкин подписали соглашение о строительстве и вводе в эксплуатацию новых производственных площадок на базе предприятия."

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