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ITP Aero opens new factory in Derio, Spain, plans to expand workforce · Endata

◂ Announcements

Nov 13, 2019NEW FACILITYDerio, Bizkaia, Spain

ITP Aero opens new factory in Derio, Spain, plans to expand workforce

ITP Aero has inaugurated a new factory in Derio, Bizkaia, Spain, with an investment of €14 million. The plant started with 115 employees and plans to increase to 160 workers due to higher demand for aerospace components.

Value

$15.4M (14.0M EUR)

Jobs

160

Starts operating

13 Nov 2019

Status

Completed

Productsexternal components for aircraft engines

CompaniesITP Aero

Sectors#Aerospace Components

“ITP Aero ya tiene planes de ampliación para la nueva fábrica de componentes externals que ha inaugurado este miércoles en Derio.”cincodias.elpais.com

1 source
cincodias.elpais.comITP Aero aumentará la plantilla de su nueva fábrica hasta 160 trabajadores | Empresas | Cinco DíasJavier VadilloNov 13, 2019

Summarized from public sources; check the original articles before acting on it.

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Sep 27, 2021ACQUISITIONZamudio, Spain, Spain$1.99B
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Rolls-Royce Rolls-Royce partner rolls-royce.com aviationweek.com
May 10, 2021ACQUISITIONHucknall, East Midlands, UK, United Kingdom700 jobs
ITP Aero integrates Rolls-Royce's Hucknall site into its operations
Rolls-Royce target ITP Aero acquirer aviationpros.com
May 5, 2021PARTNERSHIP
Safran, MTU and ITP Aero agree on cooperation for Next-Generation Fighter engine
Safran Aircraft Engines partner ITP Aero partner forceindia.net
Apr 29, 2021PARTNERSHIP
Safran, MTU and ITP Aero agree on cooperation for NGF engine
Safran Aircraft Engines partner ITP Aero partner safran-group.com

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