German blade manufacturer NOI GmbH has set up its first two production facilities in Spain, in the provinces of Navarra and Granada. The move follows the recent creation of NOI Iberia. While construction has begun on the Granada plant, the Navarra facility is already complete and ready to tackle a backlog of orders. NOI Navarra is owned by the NOI Group (51%), the Navarran regional government's holding company Sodena (41.5%) and Inmetusa, an engineering firm (7.5%). The factory is based in the district of Tudela and will employ 175 people. NOI's Gört Nottebohm has confirmed a EUR 25 million investment plan by the NOI group for Spain from 2002-2005. NOI Navarra's ready-made premises were built by former blade manufacturer Aertusa, a consortium of Inmetusa and Dutch blade manufacturer Aerpac. Aertusa's activities were put on hold following Aerpac's bankruptcy early in 2001. NOI Navarra has not only taken over the Aertusa facility, but also a large orders portfolio, it says. The Navarra plant will provide blades to customers all over Spain while Granada will initially provide projects in Andalucia. Nottebohm expects the Granada facility eventually to be bigger than the Navarra one.
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