# iDM invests 35 million euros in new production hall 8 in Matrei

Austrian heat pump maker iDM is investing about 35 million euros in a new 10,500 square meter production hall in Matrei, targeting 40,000 heat pumps per year, with completion and commissioning planned for July 2023.

- Type: Expansion
- Announced: 2023-02-16
- Where: Matrei, Iseltal, Austria
- Value: $37.5M (35.0M EUR)
- Status: under construction
- Capacity: 40,000 heat pumps per year
- Products: heat pumps, small pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [iDM](https://endata.com/companies/6415.md)

## Sources

- [dolomitenstadt.at](https://www.dolomitenstadt.at/2023/02/16/idm-pumpt-millionen-in-den-standort-matrei/), 2023-02-16: "Durch die Erweiterung können wir die Produktion am Standort auf zukünftig 40.000 Wärmepumpen pro Jahr steigern."

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