Invertek Drives invests in expansion in Spain

Global variable frequency drive innovator and manufacturer, Invertek Drives, has announced a significant investment in its Spanish subsidiary as part of an expansion.
 
The investment in Invertek Drives Iberica S.L, a wholly-owned subsidiary, will allow the business to support growth within the Spanish drives and electric motors sector.
 
It comes after Invertek Drives reported significant growth globally in 2020/2021 and its parent company, Sumitomo Heavy Industries (SHI), committed to a £10m investment at the company’s global headquarters and manufacturing facility in Welshpool, UK, to increase output from 350,000 units a year to 600,000.