# 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.

- Type: Expansion
- Announced: 2022-05-26
- Where: Türkiye
- Value: $113.0M (1.44B TRY)
- Status: announced
- Capacity: 300,000 air-to-water heat pumps and 1,100,000 room air conditioners annually
- Products: air-to-water heat pumps, room air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Electric Europe](https://endata.com/companies/6318.md)
- [Mitsubishi Electric Air Conditioning Systems Manufacturing Turkey](https://endata.com/companies/9283.md)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220526005278/en/Mitsubishi-Electric-to-Expand-Production-Capacity-at-AC-Base-in-Turkey), 2022-05-27: "Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will invest 1.44 billion Turkish lira (113 million USD) in a new plant"

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