Ibercisa is preparing a second expansion of its plant to meet new orders
Vigo's naval sector auxiliary company Ibercisa Deck Machinery (formerly Trade and Industry Iber-SA) will expand its facilities once more in road Muíños to respond to growing demand for its products
The company, with 95 workers and a dozen other subcontractors, wants to gain additional 800 square meters to strengthen boilermaking and assembly workshops and so to respond to the increase in sales, which was scheduled reached 24 million euros in 2015.
The company specialised in the manufacture of cargo winches, mooring and towing and anchor windlass (among other equipment to cover all types of vessels, fishing vessels, tugs, etc.) and the renting of equipment for ships and platforms offshore (oil extraction and gas), and exports already more than 92% of its production and has managed to offset the decline in investment in the offshore segment with the push for renewal of fishing fleets in northern Europe, Russia and U.S. In fact, Muíños facilities work 22 hours a day (just stops from 13.00 to 14.00 and from 19.00 to 20.00).
The extension pending license, will be the second in just a year and a half. According to Rodriguez Orro, Ibercisa needs 800 square meters useful to decongest boilermaking shops (much of the work is outsourced to other local firms) and assembly. Similarly, the Vigo company is regaining its ancient ship in Bouzas (rented to other activities in recent years) to concentrate there the ship repair area and allow maximum space for design and manufacturing work in Muíños. The company has just invested 600,000 euros to renew machinery and provide a similar amount for enlargement.
One of the main customers of Ibercisa is Svitzer, the first towing company in the world with 550 different sized vessels scattered around the world and a subsidiary of the shipping giant AP Moller-Maersk. The company has also delivered various equipment for a project to generate electricity from the tidal forces on the Normandy coast, led by OpenHydro, Irish firm specialised in those type of products, a subsidiary of the French naval group DCNS. The main business niche of Ibercisa is the offshore segment and tugs, but it also continues to manufacture winches and reels for fishing, merchants, oceanographic and navy vessels.