Johnson Controls is expanding production at its Izmir, Türkiye plant with a three-million-dollar investment that triples capacity for commercial heat pumps serving European customers.
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.
Turkish HVAC maker Üntes, with Italian partner Rhoss, has started building an extra 8,000 m² of production space at its chiller group factory in Ankara Saray to raise output of air-cooled chillers.
Bundy, a maker of heat transfer and cooling components for refrigeration units, is setting up a new production plant in Manisa province, Turkey, as part of a $3.4 million investment, to meet rising global demand.
Turkey's Competition Board placed Nidec Corporation's acquisition of sole control of Whirlpool's compressor unit Embraco under final examination, a decision dated 20 December 2018 and announced 16 January 2019. The deal is suspended until a final decision.
NIBE Industrier AB signed an agreement to acquire 51% of the EMIN Group, a 340-employee maker of fluid coupling systems with operations in Turkey and Serbia, with a call option on a further 29% in 2025. Completion is expected in eight weeks, subject to Turkish competition approval.