The MTG Monzón foundry in Spain is one of the most modern in Europe, and is equipped with state-of-art technology for the production of wear parts for mining and earthmoving machinery with a current yearly production of 5,000 t. The company is making a new €13.5 million investment in the site, which will be distributed between 2014 and 2016 and will go to new infrastructure and machinery to increase the production capacity up to 14,000 t/y. During this expansion phase, the company foresees the creation of 80 new jobs in Monzón, to be added to the current crew of 86 workers.

Since its inauguration in 2012, the balance of the factory in Monzón has been very positive according to MTG. The plant is specialised in the production of large wear parts, “something very special in the wear parts market given the huge investment in technology necessary to produce such parts. This investment endorses the company’s good business perspectives, mostly to continue serving the construction and mining global markets.” Some 98% of the company’s sales are exports to countries such as Sweden, Indonesia, Australia or Canada. These expansion plans will help consolidate the strategic plan of the company for the future.