# Stelia Aerospace to invest €40M in new assembly line in Santo Tirso, Portugal

Stelia Aerospace, part of Airbus, will invest €40 million to open a new assembly line in Santo Tirso, Portugal, creating 240 jobs. Production is expected to start by end of 2019 and reach maximum output by 2023.

- Type: Investment
- Announced: 2019-11-04
- Where: Santo Tirso, near Porto, Portugal
- Value: $44.0M (40.0M EUR)
- Jobs: 240
- Starts operating: 2019
- Status: announced
- Products: pilot seats, aviation components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [STELIA Aerospace](https://endata.com/companies/29546.md)
- [Airbus](https://endata.com/companies/1653.md) (partner)

## Sources

- [essential-business.pt](https://www.essential-business.pt/2019/11/04/airbus-invests-e40-million-in-santo-tirso-factory/), 2019-11-04: "The aeronautics company which will invest €40 million in Portugal has been announced as Stelia Aerospace."

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