The Portuguese firm Metalogalva, which produces steel constructions for the photovoltaic business, has introduced the opening of a manufacturing unit in Memphis, Tennessee, with an funding of $6 million.
The Portuguese firm Metalogalva, specialised within the engineering and manufacturing of metal and steel constructions for the photovoltaic business, will inaugurate its first manufacturing unit in america this week, the place it’s anticipated to speculate € 6 million and see the gross sales of € 80 million in 2024. .
The plant, which can make use of about 130 individuals, is situated within the metropolis of Memphis, Tennessee.
Metalogalva stated in an announcement that the ability shall be used as a producing and distribution middle for MSS Metal Tubes, which makes elements for producers of photo voltaic panels.
MSS Metal Tubes USA is a subsidiary of MSS Metal Tubes, owned by Metalogalva in partnership with the Brazilian group Soufer.
Based in 1971, Metalogalva – Irmãos Silvas is the oldest firm within the VigentGroup. The corporate is at present current in 15 nations (Portugal, Spain, France, Germany, Poland, Belgium, Britain, Algeria, Ukraine, Senegal, Brazil, France, Canada, Angola and Saudi Arabia) and operates 16 industrial models in Germany, Saudi Arabia. , Brazil, France, Ukraine, Angola, Poland, Portugal and now within the US.
Metalogalva has an annual income of €147 million.
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