# ITP Aero inaugurates €24M advanced manufacturing centre in Spain

ITP Aero inaugurated its new ADMIRE advanced manufacturing centre in the Basque Country, Spain, with an investment of €24 million. The centre will research new materials, develop high-complexity components, and enhance repairs, employing over 150 professionals.

- Type: New facility
- Announced: 2025-02-28
- Where: Basque Country, Spain, Spain
- Value: $26.0M (24.0M EUR)
- Jobs: 150
- Starts operating: 28 Feb 2025
- Status: completed
- Products: aerospace components, high-complexity components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ITP Aero](https://endata.com/companies/3897.md)
- [Bain Capital](https://endata.com/companies/1000.md) (investor)

## Sources

- [aviationbusinessnews.com](https://www.aviationbusinessnews.com/industry-news/itp-aero-inaugurates-new-e24m-advanced-manufacturing-centre), 2025-02-28: "The inauguration of this centre demonstrates our commitment to more sustainable aviation, at a time when commercial aviation, the main growth engine of our company, has a significant need for new technological solutions to meet future engine demand."

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