# Lauak to build €22M aircraft components plant in Grândola, Portugal

Lauak signed a contract with the Municipality of Grândola to purchase land for the construction of a factory to produce aircraft components, with an investment of €22 million. The factory will create 100 jobs in the first phase, with a second factory planned in the medium term.

- Type: New facility
- Announced: 2017-08-23
- Where: Zona Industrial de Grândola, Grândola, Portugal, Portugal
- Value: $26.0M (22.0M EUR)
- Jobs: 100
- Status: announced
- Products: aircraft components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Lauak](https://endata.com/companies/26490.md)

## Sources

- [tribunaalentejo.pt](https://tribunaalentejo.pt/artigos/grandola-assina-contrato-com-aeronautica-lauak-para-construcao-de-fabrica-de-22-milhoes/), 2017-08-23: "A Câmara Municipal de Grândola e a Lauak assinaram hoje, 23 de Agosto, um contrato-promessa de compra e venda de terrenos situados na Zona Industrial de Grândola, para a construção de uma fábrica de produção de componentes de avião num investimento de 22 milhões de euros."

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