ASM Industries will move forward with a new industrial production unit at Aveiro Port in Portugal for the construction of wind towers and foundations for offshore application. ASM signed a concession agreement with the Aveiro Port Administration (APA) on the 25th November at a ceremony presided by the Portuguese Minister of the Sea, Ana Paula Vitorino. The construction of the new industrial infrastructure will begin in January 2018, and it will cover a total area of about 72000m2 and the creation of 150 direct jobs. Production of equipment in the unit is expected to begin in the first four months of 2019. Part of the A. Silva Matos Group, founded in 1980, ASM Industries is an Holding Company that operates in the field of manufacturing of steel equipment for renewable and marine industries, such as wind towers, offshore foundations and marine structures. The new ASM Group plant, which will be installed in the Logistics and Industrial Activities Zone of Aveiro Port (ZALI), represents an investment of 25 million euros, coming from co-financing of the Compete 2020 / Portugal 2020 / European Structural and Development Funds program. “We intend to have a greater production capacity in Portugal so that we can respond effectively to the offshore industry in the main European markets such as the United Kingdom and France and the markets of North America and Latin America where new offshore projects are emerging" says Adelino Costa Matos, the CEO of ASM Industries. “We want to challenge the present, creating the best and most suitable conditions for us to grow in the offshore energy segment, so that we can be a world reference company and leader in its sector of activity, based on quality, innovation and competitiveness”.