Sigma Electric's $10 Million Factory Investment

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Sigma Elektrik, Turkey’s well-established brand in the low voltage switchgear sector, continues its investments in line with its future goals. Focusing on new product development and new countries in exports, Sigma is strengthening its targets with its new factory, which plans to start production by the end of 2022.  

Sigma Elektrik, which directs the low voltage sector in Turkey and the world with its domestic production, is establishing a new factory to meet the increasing demand. The company will increase its capacity by 2.5 times with its new factory, in which it has invested $ 10 million and plans to start production at the end of 2022. The company, which has more than one thousand 800 product ranges in 20 main product groups, aims to increase its product range by 10 percent, while the factory will also offer new employment opportunities for 200 people. The factory, which will have a closed area of 15 thousand square meters in Sancaktepe, Istanbul, will also invest in automated production as well as existing production techniques.

200 people will be employed in the new factory

Underlining that they meet part of the factory investment from foreign sources and some from equity capital, Sigma Elektrik General Manager Murat Akgül said, “Our priority in the factory will be to expand our product range. With our new facility, we focused on increasing our product range by 10 percent in the first stage. We have completed our mold investments for new product groups with new machinery and equipment in our factory. We also plan to increase automation in our existing production techniques and technologies. In addition, with the green transformation in energy, we will focus on achieving this transformation in our products. We will employ approximately 200 people in our factory, which we aim to start production at the end of the year.”

“Our new factory will further expand our door to the world”

Akgül concluded his words as follows: “As Sigma, we export 40 percent of our production to 87 countries today. With the growth in exports that are 20 percent every year, we aim to increase our export rate from 40 percent to 50 percent and to reach 100 countries in exports. We will further strengthen our export attack with our new factory, which we have positioned on the basis of many of our goals from production to human resources, from new products to technologies. With our new factory, we will bring our Sigma products and energy stamped “Made in Turkey” to more countries. Our new factory will further expand our door to the world.”