# Hiab Cranes doubles capacity at Zaragoza plant with EUR 1.5M investment

Hiab Cranes, part of Cargotec, has invested EUR 1.5 million to double production capacity and improve logistics at its Malpica plant in Zaragoza, Spain. The plant also secured a contract to supply 600 cranes to the Indian Army.

- Type: Expansion
- Announced: 2017-05-28
- Where: Zaragoza, Spain
- Value: $1.68M (1.50M EUR)
- Status: completed
- Capacity: doubled production capacity
- Products: truck-mounted cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hiab Cranes](https://endata.com/companies/17203.md)
- [Cargotec](https://endata.com/companies/1832.md) (partner)

## Sources

- [heraldo.es](https://www.heraldo.es/noticias/economia/2017/05/28/hiab-cranes-cambia-su-enfoque-en-zaragoza-y-se-hace-fuerte-con-contratos-en-la-india-316386.html), 2017-05-28: "Inversiones por 1,5 millones de euros han permitido a la factoría duplicar su capacidad de producción y mejorar sus instalaciones logísticas"

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