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Eurocast Invests 23 Million euros and creates 123 jobs in Arcos de Valdevez Portugal

The French multinational from the auto sector in going to invest, up to 2017, 23,4 million euros in a new manufacturing plant that is expected to start operations in the second semester of this year.

 

The company will be manufacturing injected aluminum components to the auto sector and it will employ people that are being trained by the Center for Professional Training of the Metallurgic industry.

 

The project is expected to occupy an area of 28.650 square meters located in the business park of Mogueiras.

 

To the success in attracting this project contributed the costs structure (including the land cost negotiated with the local municipality), the fast track service regarding the plant licensing and the tax incentives available in Portugal.

 

Source: Lusa

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