ITP Aero will invest 35 million in Zamudio to meet demand for aircraft engines
The Basque aeronautical company will hire 150 highly qualified workers and expand the Zamudio plant by 4,000 square metres, an expansion that is part of an international plan that the company plans to allocate 400 million euros worldwide by 2030.
Photo: ITP
TP Aero has launched a plan to increase production capacity at its headquarters in Zamudio (Bizkaia), which aims to meet the global demand for commercial aircraft engines by investing EUR 35 million in the Zamudio plant and, in total, EUR 400 million in the rest of its factories around the world.
In addition, the Basque aeronautical company will hire 150 highly qualified workers and expand its headquarters in Zamudio by 4,000 square metres, an investment that demonstrates the continued growth of ITP Aero's manufacturing activity in the sector's giant programs such as GE Aerospace, Pratt & Whitney and Rolls-Royce.
Automation and advanced technology
The expansion of the building aims to integrate the most advanced automation, robotics and technology into the production chain.
Eva Azoulay , CEO of the ITP Aero Group, said that this investment "reflects the strong growth" of ITP Aero and shows that it is a trusted partner, as before, against the world market.
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