Financial Times FT.com

Manufacturing: Beacon of hope in a hard-pressed sector

By Leslie Crawford

Published: June 13 2005 14:27 | Last updated: June 13 2005 14:27

Amid all the gloom about Spain’s loss of competitiveness stands the beacon of M Torres, a Pamplona engineering company.

The group, employs 400 engineers and designs and manufactures machine tools for the aerospace industry and is diversifying into wind energy and desalination plants. All its products and technology are developed in house. The company’s client list includes Airbus, Boeing, EADS, Northrop Grumman and the US Air Force. It has won several innovation awards in the UK, Germany and the US.

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