Grespania makes new investments

03/06/04 - Grespania, a Spanish company that closed fiscal 2003 with a turnover of 73 million euro, is planning investments in a new production line in Castellón and expansion of its facility at Nules.

The new Castellón plant will be devoted to porcelain tile production and will allow the company to diversify the products already manufactured at the factory. Following an investment of 18 million euro, the new line will have an initial production capacity of about 2 million square metres/year.

At Nules, Grespania will be investing 15 million euro to create 390,000 square metres of new industrial buildings alongside the existing facilities and warehouses.
The new structure will support the existing facility and may also be used for auxiliary production.
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Grespaniawww.grespania.com

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