INVESTMENT PROJECTS

Innovative Processes Based on Quality, Productive Efficiency and Responsiveness.

Project designation | Innovative Processes based on Quality, Productive Efficiency and Responsiveness
Project code | POCI-02-0853-FEDER-037975
Main objective| Strengthening the competitiveness of SMEs
Region of intervention | North
Beneficiary entity |BIG MAQ – SERVIÇOS DE MAQUINAÇÃO DE MOLDES, LDA.

Approval date | 04-18-2018
Start date | 03-15-2018
Completion date | 06-19-2020
Total eligible cost | €4,999,998.00
Financial support from the European Union | ERDF – €3,499,998.60

Objectives, activities and expected/achieved results
With this project, the company intends to be able to better serve the automotive and, above all, aeronautical sectors. This project has the proposed framework in the typology “Increasing the capacity of an existing establishment”, and aims to expand its facilities, focusing on the production area, while making its processes more efficient, sustainable and competitive ( for example, the tightening and loosening system, which will drastically reduce the time needed for mold production). It will be able to have faster and more efficient processes, with fewer failures and better adapted to the demands of the sector. Thus, in the post-project year, it is intended to reach a GVA of €2,592,379.91, a VN of €3,491,244.00 and to have 10 highly qualified employees performing functions in the company.