Portal de Alcantarilla
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The Minister of Universities, Business and Research visited the headquarters of the group of companies Dam System in Sewell, for the latest innovations that are implemented in their favor drip irrigation products further expansion and internationalization of the company.
"Weir is a clear example of that innovation leads to growth.'re With a company that since 1989 is reinvented every day, investing in R & D in collaboration with leading research centers in the region and that the result is conversion into a global leader in systems management and control of the water cycle, agriculture, industry and urban "said Ballesta, adding that" when developing business projects as resounding no crisis like this you can with them. "
Also, the company responsible for said Weir "is a exemplary and exemplary in the region since it bases its philosophy on the water culture so rooted historically our land, innovation and internationalization, as more than 60 percent of its turnover is out of Spain and more than 80 countries in which it is operating. "
Regarding innovation, said that the company has now developed more than 80 patents and stressed that "reinvests much of its profits in research and development."
This group, currently composed of 20 companies, whose main activity is the manufacture of complete filter drip irrigation and is in phase of implementing an investment project to redesign and development of new products localized irrigation.
This project has been funded by the Ministry of Industry, Energy and Tourism under the Aid For Reindustrialisation performances.
Also, its constant investment in innovation enables the creation of jobs, so currently employs over 150 people.
International Network
Dam consists of an international network of subsidiaries and distributors spread throughout the world, headquartered in Spain.
Currently, the group has subsidiaries in Portugal, Brazil, Mexico, Chile, China, India and Iran.
In 2002, the Brazilian subsidiary of the company received a co-investment loan in the amount of 605,000 euros against Cofides resources, Fonpyme and Fomin.
Among his most recent projects is the implementation of a factory for irrigation systems in India for which Cofides granted a loan of EUR 0.5 million, with a total investment of 1.845 billion euros.
The factory is located in the state of Haryana, 80 km from New Delhi.
Weir System has been operating in India for more than 10 years through distributors.
His decision to set productively in this Asian country is one answer to agricultural markets with the greatest potential for growth in the world.
The production of the new plant will be mainly for supply to the local market.
Currently exported to Algeria, Argentina, Australia, Brazil, Chile, China, Egypt, United Arab Emirates, United States, Guatemala, India, Japan, Kenya, Morocco, Mexico, Poland, Portugal, Taiwan and Venezuela.
Source: CARM
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