Lauak

The Portuguese government approved an investment contract for Lauak Aerostructures Grândola to create an industrial unit in Grândola for producing metallic components and structural assemblies for the aeronautical sector.

Lauak is investing €32 million to build a new plant in Grândola, Portugal, to produce composite materials and cargo doors for Airbus aircraft, starting production in early 2019.

Lauak signed a contract with the Municipality of Grândola to purchase land for the construction of a factory to produce aircraft components, with an investment of €22 million. The factory will create 100 jobs in the first phase, with a second factory planned in the medium term.