ITP Aero Expands in Querétaro with New Facilities and Workforce Growth
By Editorial Staff
November 7, 2024
ITP Aero México has expanded its production center in Querétaro with an investment exceeding 580 million pesos.
The Spanish company will manufacture new high-tech product lines, including complex castings, at the facility, and will add 250 new team members, bringing its workforce in the state to 1,000.
Carlos Alzola Elizondo, CEO of ITP Aero, highlighted that the new central warehouse being inaugurated reflects the increasing production volumes at the Mexico plant and across ITP’s global operations, driven by a booming aerospace market.
“These new facilities we’re inaugurating today also serve as benchmarks in innovation, not only for the quality of our products but also in terms of sustainability. We are a model of environmental responsibility,” Alzola stated.
Eva Azoulay, CEO of ITP Aero México, emphasized that Querétaro’s success mirrors ITP Aero’s success, noting that these new, one-of-a-kind facilities in the region inspire optimism and confidence for the future.
Txomin Crespo Domínguez, Director of ITP Aero México, recalled that the company was the first aeronautics firm to establish operations in Querétaro, pioneering an industry that is now a key economic pillar in the state. Since ITP’s inception in 1998, its growth has paralleled Querétaro’s industrial development.
"ITP Aero’s growth has accelerated in recent years. The two impressive facilities we are inaugurating today—this casting facility and the central warehouse—are prime examples of our growth and investment in new products and capabilities,” Crespo said.
The Spanish company has expanded its operations and capabilities, focusing on launching new product families and overall capacity-building, positioning itself as a leader in the aeronautics industry. Over the past year, its workforce has grown by 20%, with a 30% increase in production activity, resulting in more than 1,000 employees at the plant.
ITP Aero México is a global leader in the design, development, manufacturing, and maintenance of aircraft propulsion systems and components for commercial and defense aviation.