EMCC European Monitoring Centre on Change

Fly

Company/Organisation:
Fly

Geographic Location

Country: Italy
Region: Trento; Provincia Autonoma Trento; Nord Est
Location of affected unit(s): Grigno

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery
Number Employed: 100
Group: Forgital

Employment Effects

Announcement Date: 06-04-2016
Type of Restructuring: Business expansion
Employment Effect Start: 07-04-2016
Foreseen End Date: 31-12-2020
Planned Job Creation: 100

Additional Information

Fly, a manufacturer of metal components owned by Forgital Group, announced its intention to hire about 100 workers by the end of 2020 at its site in Grigno (Trento).

The Forgital Group chose the Trentino Alto Adige region to start a new industrial activity in 2008. Since then, there has been a constant increase in the volume of sales and employment levels.The hirings are part of the business plan, that envisages about €27 million investments for the construction of a new plant expected to produce components for air vehicles and launch vehicles.

Local authorities, which own a share capital of the company, will also contribute to the investment, and they hope that the area will become an international excellence centre in the aerospace sector in a few years.

The open positions are mainly for specialised welders and qualified blue–collar workers, giving priority to young people and redundant workers enrolled in redundancy schemes (so called mobility list).