It is expected to be operational in the second half of 2024. In addition, it will invest 10 million euros to further improve its factories in Barakaldo and Sestao.
Euskaraz irakurri: ITP Aerok I+G zentro bat eraikiko du Zamudion, espezializazio handiko 120 lanposturekin
ITP Aero has announced the construction of a new R&D center in Zamdio (Bizkaia) in which it will invest 24 million euros with 120 highly specialized jobs that are expected to be operational in the second half of 2024.
The Basque aviation company has reported in a press release that the new center will focus on digital technologies and advanced manufacturing necessary to develop the products demanded by the aviation engine market.
The R&D center will also support dual technology as needed to FCAS (Future European Combat Air System) program..
In addition, it has indicated that it will invest 10 million euros to further improve its factories Barakaldo and Sestaoto increase the operational capacity of both centers.
In 2022, ITP Aero’s global workforce increased by 8% to 4,700 employees (370 additional operators). By 2023, the company expects to continue expanding its global workforce at a pace similar to 2022.
Recently, the company’s president, Juan Maria Ninhe was convinced of the Basque aviation company’s ability to grow after acknowledging that ceasing to be a “subsidiary” of Rolls Royce had opened a “very interesting period of growth”.
The appointment of Nin last September at the head of this aviation company based in Zamudio (Bizkaia) took place with the change of shareholders after the closing of the US investment fund Bain capital the purchase of the Basque company rolls royce for 1700 million euros.
He Basque government It also entered the capital of this company with 6% of the capital and a seat on the Board of Directors.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
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