# ShibataFenderTeam Group begins construction of new factory in Valencia, Spain

ShibataFenderTeam Group has begun construction of a new factory in Valencia, Spain, with a total investment of €7 million. The facility will double production capacity and create 30 new jobs.

- Type: New facility
- Announced: 2024-06-17
- Where: Valencia, Spain
- Value: $7.60M (7.00M EUR)
- Jobs: 30
- Status: under construction
- Capacity: double production capacity
- Products: foam fenders, HD-PE products, steel works
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ShibataFenderTeam Group](https://endata.com/companies/78078.md)

## Sources

- [shibata-fender.team](https://www.shibata-fender.team/en/news/news-detail/shibatafenderteam-group-begins-construction-of-new-factory-in-valencia-spain.html), 2024-06-17: "The new factory, located just 25 minutes from the Port of Valencia, is set to double the company's production capacity."

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