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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

ITP Aero opens two new hangars in Querétaro, Mexico after €28M investment · Endata

◂ Announcements

Oct 30, 2024EXPANSIONQuerétaro, Mexico

ITP Aero opens two new hangars in Querétaro, Mexico after €28M investment

ITP Aero has inaugurated two new hangars for casting production and logistics in Querétaro, Mexico, following a €28 million investment. The expansion is expected to create 250 jobs over three years.

Value

$30.4M (28.0M EUR)

Jobs

250

Starts operating

30 Oct 2024

Status

Completed

Productsaircraft engine componentscastings

CompaniesITP Aero

Sectors#Aerospace Components

“ITP Aero ha puesto en marcha dos nuevas naves en Querétaro (México) para producción de fundidos y logística, tras la inversión de 28 millones de euros.”expansion.com

3 sources
expansion.comITP amplía instalaciones en México tras invertir 28 millones | País VascoMarián FuentesOct 30, 2024
mexicobusiness.newsITP Aero Invests MX$580 Million in Queretaro Facility ExpansionOct 31, 2024
promexicoindustry.comITP Aero Expands in Querétaro with New Facilities and Workforce GrowthMEXICO INDUSTRYNov 7, 2024

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

More from ITP Aero

May 12, 2025CONTRACTAlbacete, Spain
ITP Aero wins Royal Netherlands Air Force contract for T700 Apache engine MRO
ITP Aero supplier Royal Netherlands Air Force customer itpaero.com
Feb 28, 2025NEW FACILITYBasque Country, Spain, Spain$26.0M150 jobsops 28 Feb 2025
ITP Aero inaugurates €24M advanced manufacturing centre in Spain
ITP Aero Bain Capital investor aviationbusinessnews.com
Dec 20, 2024CONTRACTGetafe Air Force Base, Madrid, Spain
EUROJET signs contract to supply 59 EJ200 engines to Spanish Air Force
EUROJET Turbo Rolls-Royce partner itpaero.com indiastrategic.in
Jul 24, 2024EXPANSIONQuerétaro, Mexico200 jobs
ITP Aero to expand Querétaro production center, adding 200 jobs
ITP Aero mexiconewsdaily.com
Feb 16, 2024ACQUISITIONIrving, Texas, United States
ITP Aero completes acquisition of BP Aero
ITP Aero acquirer BP Aero target itpaero.com
Nov 8, 2023ACQUISITIONSpain$2.00B
Bain-led consortium to acquire ITP Aero from Rolls-Royce for EUR 1.7bn
Bain Capital Rolls-Royce partner unquote.com

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