Grupo Halcón announces further investments
Two new production lines, a logistics centre, plant modernisation and two showrooms. The 45 million euro investment plan will be completed in 2021.
Grupo Halcón, one of Spain’s largest ceramic tile manufacturers, has announced a new investment programme to support its growth plan launched in 2020. By the end of this year, the Alcora, Castellón-based group will install and start up two new production lines, the second of which will be used to produce large-size polished ceramic tiles. This will bring an additional 8 million sqm/year of production capacity and increase the group’s operational footprint to 16 lines.
This new investment will complement the 2020-2021 two-year investment plan aimed at strengthening the group’s value proposition in the marketplace. Along with the two new production lines, Halcón will also build a new logistics centre in Onda (Castellón) and two showrooms and will modernise its existing facilities.
The 160,000 square metre logistics centre will be equipped with covered storage facilities and picking areas for preparing large and small orders, allowing the group to consolidate and optimise its storage and distribution activities. The two new showrooms, one devoted to Emotion and the other to Halcón Cerámicas, will occupy a total 1,400 sqm space at the group’s headquarters in Alcora and will display the group’s latest new designs and sizes. Finally, the most advanced process technologies will be adopted as part of the production line upgrade.
These projects will involve a total investment of 45 million euros over the period 2020-2021.
Grupo Halcón employs more than 600 people across four factories and generates annual revenue of approximately 150 million euros from sales in 100 countries. The Group’s majority shareholder since 2018 is Falcon Private Holdings, the US-based private investment arm of Jamshid Keynejad and Barry Siadat.