# KPS and Mastech inaugurate electrical technology plant in Morcín, Spain

KPS and Taiwanese Mastech formed a 50/50 joint venture, KPS Euman, and inaugurated a new manufacturing plant in Argame, Morcín, Spain. The plant produces precision electrical instruments with a planned investment of EUR 2.6 million over two years, creating 30 new jobs.

- Type: New facility
- Announced: 2018-05-31
- Where: Argame, Morcín, Asturias, Spain
- Value: $3.00M (2.60M EUR)
- Jobs: 30
- Starts operating: 31 May 2018
- Status: completed
- Products: precision electrical instruments
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KPS Euman](https://endata.com/companies/32263.md)
- [KPS](https://endata.com/companies/6270.md) (partner)
- [Mastech](https://endata.com/companies/32262.md) (partner)

## Sources

- [elcomercio.es](https://www.elcomercio.es/economia/empresas/planta-tecnologia-kps-morcin-20180601000746-ntvo.html), 2018-05-31: "Asturias tiene capacidades para desarrollar tecnología y la traemos a una región que nos dio lo que somos."

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