# ITP Aero to build €24M R&D centre in Zamudio, Spain

ITP Aero announced a new R&D facility at its headquarters in Zamudio, Basque Country, with a €24 million investment and 120 new jobs. The centre is expected to be operational in the second half of 2024.

- Type: New facility
- Announced: 2023-02-22
- Where: Zamudio, Basque Country, Spain
- Value: $25.6M (24.0M EUR)
- Jobs: 120
- Starts operating: Q3 2024
- Status: announced
- Products: aero engine components, advanced manufacturing technologies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ITP Aero](https://endata.com/companies/3897.md)

## Sources

- [itpaero.com](https://www.itpaero.com/en/itp-aero-launches-a-global-technology-and-industrial-growth-plan/), 2023-02-22: "The new R&D centre entails a 24M€ investment and 120 highly specialised positions."

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