# Network Steel to invest up to €110M in Vestas plant in Villadangos del Páramo

Network Steel has agreed to invest between €70 million and €110 million in the Vestas plant in Villadangos del Páramo, León, Spain, to set up new production capabilities. The investment is expected to create 200-350 direct jobs and up to 1,000 indirect jobs.

- Type: Investment
- Announced: 2018-11-26
- Where: Villadangos del Páramo, León, Spain, Spain
- Value: $125.0M (110.0M EUR)
- Jobs: 350
- Starts operating: 1 Jan 2019
- Status: announced
- Products: metalized products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Network Steel](https://endata.com/companies/19264.md)
- [Vestas](https://endata.com/companies/1364.md) (partner)

## Sources

- [infolibre.es](https://www.infolibre.es/economia-y-sociedad/espanola-network-steel-invertira-110-millones-planta-vestas-villadangos-paramo-leon_1_1164759.html), 2018-11-26: "La compañía se ha comprometido a invertir entre 70 y 110 millones de euros en las instalaciones que Vestas mantiene en Villadangos del Páramo (León)"

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