Spain’s Aciturri commits $3 million to establish a new aerospace facility in Morocco.

Aciturri, a Spanish aerospace firm, has inaugurated a new manufacturing facility in Morocco’s Midparc industrial zone, with an investment of MAD 30 million (approximately USD 3 million).

This marks Aciturri’s most significant venture in North Africa, with the factory covering 2,800 square meters and focusing on the production of aircraft engine blades for LEAP (Leading Edge Aviation Propulsion) engines, essential components for next-generation aircraft.

Following the acquisition of Moroccan company GOAM Industries in 2023, Aciturri anticipates creating around 100 jobs at this new site in the coming years.

Gines Clemente, the CEO of Aciturri, emphasized that this expansion is an integral part of the group’s strategy to enhance its engine components business, which currently contributes to 20% of the overall revenue.

The new facility is crucial for better serving prominent clients like Safran and Airbus, bolstering Aciturri’s presence in Europe and fostering new opportunities in North Africa.

By establishing its operations in Morocco, Aciturri aims to diversify its global supply chain and decrease dependency on its facilities in France and Spain, where the majority of its production occurs.

Clemente noted that the move to Morocco allows the company to benefit from a lower-cost manufacturing environment while taking advantage of the nation’s skilled labor force.

This investment coincides with Morocco’s growing reputation as a competitive aerospace manufacturing hub, where aerospace exports have risen to USD 4.5 billion, supported by a sector growth rate exceeding 20%.

The Moroccan government actively promotes the aerospace industry, attracting major international players and positioning the country as a cost-effective alternative to more traditional markets in Europe and North America.