The Portuguese firm Metalogalva, which produces metallic constructions for the photovoltaic trade, has introduced the opening of a manufacturing facility in Memphis, Tennessee, with an funding of $6 million.
The Portuguese firm Metalogalva, specialised within the engineering and manufacturing of metal and metallic constructions for the photovoltaic trade, will inaugurate its first manufacturing facility in the USA this week, the place it’s anticipated to speculate € 6 million and see the gross sales of € 80 million in 2024. .
The plant, which is able to make use of about 130 folks, is situated within the metropolis of Memphis, Tennessee.
Metalogalva mentioned in an announcement that the power can 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 the moment 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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