March 25, 2008 at 11:22 am
Mexico. – Group ITP signs an agreement with the State of Querétaro to develop aeronautical turbines of low pressure
CITY OF MEXICO, 24 Ene. (EUROPE PRESS) – The governor of the Mexican State of Querétaro, Francisco Garrido Pattern, and the president of the Council of the Spanish group Industria de Turbo Propulsores S.A. (ITP), Ricardo Martí, signed a collaboration agreement to develop a project of manufacture of turbines of low pressure for the aeronautical sector.
In an official statement by the government of Querétaro, it was indicated that the company/signature was made in Spain, where Garrido is on a work tour in which he has visited the facilities of ITP in Bilbao where it has been able to know the future projects of the company. Group ITP is the main share holder of the company ITR Mexico, that is dedicated to the maintenance of turbines of commercial airplanes and that has been installed in Querétaro for ten years. Garrido participated in addition in a seminary in the technological park Zamundio, in Bilbao, after he exposed the projects of the aeronautical complex of Querétaro, representatives of attending companies showed to the governor their intention to invest in the Mexican city of Queretaro. ITR, branch of ITP in Mexico, makes engines for airplanes and additionally makes the tests of these. With the new agreement signed with the Government of Querétaro it will implement the manufacture of turbines of low pressure. ITR is formed in a 57 percent by Spanish ITP, Mexican of Aviacion and Aeroméxico in a 14.5 percent respectively and by General Electric, who counts on the 14 percent of the actions. The majoritary share holder, Group ITP, are participated by Aeronautical Sener (53.125 percents) and by Rolls Royce (46.875 percents) and it is dedicated to engineering, investigation and development, to the manufacture and smelting, and the assembly and tests of aircraft engines and gas turbines.