Image: Castilla and leon meeting
Investment in the Automotive Industry
The President of the Regional Government, Alfonso Fernández Mañueco, inaugurated the new aluminum cylinder head plant of Horse Powertrain, which will create 150 jobs. The investment strengthens the local supply chain and the region's role as a technological leader in the automotive industry.
The president of the Junta de Castilla y León, Alfonso Fernández Mañueco, has reaffirmed the community's positioning as a technological and industrial benchmark in the automotive industry during the inauguration of the new plant of Horse Powertrain en ValladolidThe investment, of 45 million euros, is destined for the manufacture of aluminum cylinder heads, a key component that will boost the production of hybrid engines and the creation of skilled jobs.
During his visit on July 20, Fernández Mañueco He highlighted the role of companies such as Horse Powertrain as strategic pillars for the regional economy, highlighting their capacity to generate innovation and quality employment. The company is responsible for more than 2.300 direct jobs and another 6.800 indirect jobs in the community.
Institutional support for a strategic sector
The regional government has shown its explicit support for the company's investment plan, which amounts to more than 71 million euros, declaring it Priority Industrial Project"The goal is to preserve the industrial leadership of Castilla y León "In the automotive sector," said the president, who acknowledged the difficult situation the industry is facing due to excess installed capacity, competitiveness challenges, and the collateral effects of international war crises.
In this context, Fernández Mañueco He defended the need for an orderly transition to new technologies that would allow "preserve existing capabilities" to adapt to market changes without sacrificing employment. To this end, it reiterated the commitment of the Junta to continue strengthening the Automotive Plan of Castile and León, in close collaboration with the sector's cluster, FACYL.
A new plant to strengthen the supply chain
The new facility of Horse Powertrain It not only represents a technological advance for the company, which specializes in next generation hybrid enginesbut it also strengthens its autonomy and competitiveness. With an investment of 45 million euros, the plant will create approximately 150 new jobs.
This action is key to strengthening the local supply chainBoosting economic activity and employment throughout the region. The president assured that this initiative will also have the support of the regional government. Fernández Mañueco He concluded by thanking them for their commitment. Horse Powertrain with Valladolid y Castilla y León, stating that the company is destined to play "a leading role in one of the biggest transformations in the automotive industry and in the future of mobility."
| Concept | Figure |
|---|---|
| Investment in the new cylinder head plant | 45 millones de euros |
| New job creation (estimated) | 150 gastro stands |
| Total investment plan declared Priority Industrial Project | More than 71 million euros |
| Direct jobs created by the company | More than |
| Indirect jobs generated by the company | More than |
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