# Ekin invests EUR 5M in Aeronautical Division equipment

Ekin's Aeronautical Division will invest EUR 5 million in equipment between 2015 and 2017, doubling its facility area at the Amorebieta plant to 500 square meters.

- Type: Investment
- Announced: 2017-02-01
- Where: Amorebieta, Vizcaya, Spain
- Value: $5.40M (5.00M EUR)
- Status: announced
- Products: high-precision broaches
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ekin](https://endata.com/companies/16692.md)

## Sources

- [afm.es](https://www.afm.es/en/news/ekin-signs-a-40-million-contract-with-itp-for-the-supply-of-broaches), 2017-02-01: "The Aeronautical Division of Ekin will invest 5 million Euros in equipment between 2015 and 2017."

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