# Gimetal plans 3,000 m2 industrial building and $20M investment in Armstrong

Gimetal, an agricultural machinery manufacturer in Armstrong, plans to add a 3,000 m2 industrial building on a one-hectare site as part of a $20 million strategic investment plan, including new equipment like a 4 kW laser cutting system.

- Type: Expansion
- Announced: 2021-11-15
- Where: Armstrong, Argentina
- Value: $20.0M
- Jobs: 15
- Status: announced
- Capacity: 3,000 m2 industrial building
- Products: agricultural machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gimetal](https://endata.com/companies/59001.md)

## Sources

- [puntobiz.com.ar](https://puntobiz.com.ar/agro/fabrica-de-maquinaria-pone-en-marcha-plan-para-sumar-nave-de-3-000-m2-20211115600), 2021-11-15: "Estamos pensando en la fábrica de los próximos 15 años y en ese marco en el 2020 sumamos 15 personas al plantel"

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