ITP Aero expansion in Mexico

ITP Aero today inaugurated a new building dedicated to casting production and a logistics facility at its Querétaro (Mexico) site. The inauguration event was chaired by the Governor of the State of Querétaro, Mauricio Kuri, along with Juan María Nin, Chairman of the Board of ITP Aero, Eva Azoulay, CEO of ITP Aero, and Carlos Alzola, Managing Director. They highlighted ITP Aero’s role as a pioneering aerospace company in the region and its positive impact on the local economy.

The expansion of ITP Aero’s facilities in Querétaro represents an investment of 560 million pesos (€28 million) and the creation of up to 250 new jobs in the next three years. This growth adds to the 20% increase in ITP Aero’s workforce in Mexico over the past year, surpassing 1,000 employees for the first time. In the last three years, ITP Aero has focused its efforts on launching new product lines and plans to continue investing in the coming years to expand and enhance its technological capabilities.

Eva Azoulay, CEO of ITP Aero, stated: “The expansion of our facilities in Querétaro is great news for ITP Aero and for the state of Querétaro. We were pioneers in making Querétaro a world-class aerospace hub; our growth and investments here demonstrate our commitment to the Mexican aerospace sector, developing new technological capabilities such as casting manufacturing and positioning ITP Aero and Querétaro at the forefront of aerospace technology.”

ITP Aero was established in Querétaro in 1998, becoming the first aerospace company in the state. Since then, the company has maintained steady growth over its 26 years of operation, evolving from providing engine maintenance services to developing design and manufacturing capabilities for aerospace engine components.

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