# Mecachrome inaugurates new aeronautic plant in Évora, Portugal

Mecachrome Aeronáutica inaugurated a new plant in Évora, Portugal, for manufacturing titanium parts for aircraft engines. The EIB provided a EUR 40 million loan, and the project will create over 300 new permanent jobs.

- Type: New facility
- Announced: 2017-09-12
- Where: Évora, Portugal, Portugal
- Value: $47.0M (40.0M EUR)
- Jobs: 300
- Starts operating: 13 Oct 2017
- Status: completed
- Products: titanium parts for aircraft engines
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Mecachrome Aeronáutica](https://endata.com/companies/17770.md)
- [European Investment Bank](https://endata.com/companies/10295.md) (investor)

## Sources

- [rtp.pt](https://www.rtp.pt/noticias/economia/mecachrome-aeronautica-inaugura-fabrica-de-evora-em-outubro-apos-investir-30me_n1026601), 2017-09-12: "Já estamos a laborar desde o final de março"
- [eib.org](https://www.eib.org/en/press/all/2017-271-portugal-new-aeronautic-manufacturing-plant-in-evora-financed-by-the-eib-under-the-investment-plan-for-europe.htm), 2017-10-13: "This new aeronautical plant inaugurated in Évora is a fantastic example of our priorities in Portugal: supporting the creation of jobs by financing sustainable and innovative investments."
- [eib.org](https://www.eib.org/en/press/all/2017-271-portugal-new-aeronautic-manufacturing-plant-in-evora-financed-by-the-eib-under-the-investment-plan-for-europe), 2017-10-13: "This new aeronautical plant inaugurated in Évora is a fantastic example of our priorities in Portugal: supporting the creation of jobs by financing sustainable and innovative investments."

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