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French group invests 5 million in aeronautics plant in Ponte de Sor

A French group of aeronautical components has acquired the premises of the extinct factory of Dyn’Aéro, in Ponte de Sor (Portalegre), to create a new industrial unit, in an investment of more than five million euros, revealed the municipality today.

The Rexiaa group’s investment includes the acquisition of the property, located in the industrial zone of the Alentejo city, and the creation of new production lines for components for the aeronautical industry.

“The French group has chosen Ponte de Sor because of the strong dynamics of our aeronautics cluster. We have once again become attractive to this type of investors,” Hugo Hilário, president of the municipality, told Lusa today.

According to the mayor, the Rexiaa group intends to start the work in the second half of 2019, and in the next three years it is proposed to create “between 80 and 100 jobs”.

The group has large aircraft manufacturers such as Airbus or Dassault Aviation.

“The investment will not arise in the Municipal Aerodrome of Ponte de Sor, but in the industrial zone, which shows that, effectively, we are still on the right track,” he said.

Hugo Hilário also welcomed the number of jobs that the investment will generate, noting that the fight against unemployment constitutes one of its “flags” as mayor.

“Five or six years ago, we had about 1,600 unemployed in Ponte de Sor and now we have just over 300. We have to work every day so that this number reduces considerably,” he said.

The extinct aeronautics plant Dyn’Aéro entered into a partial lay-off on July 6, 2010, and was declared insolvent by the court shortly thereafter.

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