# Tezmaksan to build 15M euro factory in Sivas, Turkey

Tezmaksan A.Ş. announced it will invest 15 million euros to build a new factory in Sivas, Turkey, to increase production capacity by 300% by 2024. The first phase of 10,000 sqm is already operational, and the second phase of 18,000 sqm is under construction.

- Type: New facility
- Announced: 2023-09-06
- Where: Sivas, Türkiye
- Value: $16.0M (15.0M EUR)
- Starts operating: 2023
- Status: under construction
- Products: machine tools, CNC automation solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tezmaksan](https://endata.com/companies/62985.md)

## Sources

- [makinehaber.com](https://www.makinehaber.com/aydogdu-sivastaki-fabrikamizi-bu-yil-devreye-alacagiz), 2023-09-06: "Sivas’taki fabrika yatırımımız devreye alındığında bugünkü veriler ile kıyasladığımızda üretim hacmimizin 2024 yılında yüzde 300 artmasını öngörüyoruz."

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