# AR Racking invests €20 million to expand Tudela plant with INI participation

AR Racking announced a €20 million investment to expand its production plant in Tudela, Navarre, Spain, supported by an €8 million capital injection from Instituto Navarro de Inversiones (INI). The expansion will create 35 direct new jobs.

- Type: Expansion
- Announced: 2024-11-14
- Where: Tudela, Navarre, Spain
- Value: $21.0M (20.0M EUR)
- Jobs: 35
- Status: announced
- Products: industrial storage systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AR Racking](https://endata.com/companies/81015.md)
- [Instituto Navarro de Inversiones](https://endata.com/companies/81016.md) (investor)

## Sources

- [ar-racking.com](https://www.ar-racking.com/en/news/ar-racking-reinforces-its-tudela-plant-with-an-investment-of-20-million-euros-and-the-participation-of-ini-in-its-share-capital/), 2024-11-14: "AR Racking, industrial storage systems leader, has announced a major investment plan of 20 million euros to strengthen its production plant in Tudela, Navarre, Spain."

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