◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

May 26, 2022EXPANSIONTürkiye

Mitsubishi Electric to invest 1.44 billion lira in Turkey heat pump and AC plant

Mitsubishi Electric will invest 1.44 billion Turkish lira (about $113 million) in a new plant at its MACT air-conditioner subsidiary in Turkey. Annual capacity will rise to 300,000 air-to-water heat pumps and 1,100,000 room air conditioners, with production starting February 2024.

Value

$113.0M (1.44B TRY)

Status

Announced

Capacity

300,000 air-to-water heat pumps and 1,100,000 room air conditioners annually

Productsair-to-water heat pumpsroom air conditioners

CompaniesMitsubishi Electric Europe Mitsubishi Electric Air Conditioning Systems Manufacturing Turkey

Sectors#HVAC and Industrial Refrigeration

“Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest 1.44 billion Turkish lira (113 million USD) in a new plant”businesswire.com

1 source
businesswire.comMitsubishi Electric to Expand Production Capacity at A/C Base in TurkeyMay 27, 2022

Summarized from public sources; check the original articles before acting on it.

More from Mitsubishi Electric Europe

profile ▸

Loading…