ASM Industries

Type
Business expansion
Country
Portugal
Region
Continente; Centro (PT); Região de Aveiro
Location of affected unit(s)
Aveiro
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
150 jobs
Number of planned job creations
Job creation
Announcement Date
23 July 2018
Employment effect (start)
1 March 2019
Foreseen end date

Description

ASM Industries, specialising in the manufacture of steel towers, will open a new industrial plant located close to the port of Aveiro in March, 2019, thereby creating 150 new jobs. Opening the new plant involves a global investment of €29 million.

As of September 2018, the ASM group consists of more than 20 companies located in several countries, employing around 450 employees.  

Citation

Eurofound (2018), ASM Industries, Business expansion in Portugal, factsheet number 95485, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95485.