# İşbir Elektrik to move production to new factory with 300M TL investment

İşbir Elektrik is investing 300 million TL in a new factory, with construction 97% complete, to increase alternator production from 500 to 5,000 units annually. The company also signed multiple contracts at IDEF'23, including with ASELSAN, BMC Power, Roketsan, Meteksan, and TAIS-STM.

- Type: Expansion
- Announced: 2023-09-05
- Where: Turkey, Türkiye
- Value: $11.0M (300.0M TRY)
- Starts operating: 2023
- Status: under construction
- Capacity: 5,000 alternators per year
- Products: alternators, generators
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [İşbir Elektrik](https://endata.com/companies/72417.md)

## Sources

- [sanayigazetesi.com.tr](https://sanayigazetesi.com.tr/isbir-uretimini-yeni-fabrikasina-tasiyor/), 2023-09-05: "Yeni fabrika yatırımları ile yıllık 500 adet olan alternatör üretimini 5 bin olarak gerçekleştireceklerini söyleyen Özgür"

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