AR Racking reinforces its Tudela plant with an investment of 20 million euros and the participation of INI in its share capital

• With an 8-million-euro contribution from INI, AR Racking will extend its Tudela plant and create 35 direct new jobs.

AR Racking, industrial storage systems leader, has announced a major investment plan of 20 million euros to strengthen its production plant in Tudela, Navarre, Spain. This project, which is supported by the Instituto Navarro de Inversiones (INI) through a capital injection of 8 million euros, will result in the creation of 35 direct new jobs and will boost the company’s production and innovation capacity in the region.

As one of the leading European manufacturers of industrial storage solutions, AR Racking designs, manufactures and distributes structures for storing loads in more than 60 countries, exporting 85% of its production. With this expansion it seeks to strengthen its presence in high-potential markets, such as the United States and Latin America, which represent a key part of its international growth strategy.

The partnership between AR Racking and INI not only represents a job creation opportunity in Navarre, but it will also help promote R&D&I in the local business community. As part of this agreement, AR Racking is committed to creating an integrated R&D&I unit in the Navarre R&D&I System (SINAI), in order to foster the development of new technologies and promote synergies with local research centres.

In addition, Grupo Arania [Arania Corporación Industrial], to which AR Racking belongs, has ratified its commitment to the development of the plant in Tudela, continuously evaluating opportunities for future investments that consolidate its presence in Navarre and support the industrial growth of the region.

With this participation, INI seeks to promote sustainable economic growth in Navarre, reinforcing the regional industrial fabric through support for high impact projects. AR Racking’s investment represents INI’s first capital input and symbolises its commitment to strengthening leading and established companies in strategic sectors.

AR Racking is proud to have this institutional support that not only guarantees the company’s growth, but also its commitment to the environment and the Navarre region, generating quality employment and promoting an innovation ecosystem for the benefit of the entire region.