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They grant a loan of 28 million to an oil company

YPF’s supplier company, GP Metalización, received an economic promotion loan to expand and upgrade its General Pico industrial plant.

Governor Sergio Ziliotto received the head of the company Marcelo Faruelo, who is dedicated to manufacturing large-scale parts for the oil sector and will generate “at least 13 new jobs,” said the businessman.

At the end of the meeting, Faruelo was satisfied because “this opens a new work environment. We expand our production capacity, we will continue with the repair of equipment for the sectors: oil, road and agriculture, but specifically this allows us to manufacture large-scale parts for the hydrocarbon sector “.

During the act of delivery of the loan, the Minister of Production, Ricardo Moralejo, the Undersecretary of Industry, Commerce and SMEs, Silvano Tonellotto and Lucas Leguizamón, a member of the firm from Pica, were also present.

“It is noteworthy that the industry, which has come to meet the requirements to be a YPF supplier, currently has a workforce of 15 employees and with this loan, it will incorporate at least 13 operators, over time,” he explained. the entrepreneur.

The project

With the aim of building an industrial warehouse, mounting a 30-ton bridge crane and installing a 45-ton boring machine on a table for pieces of 6 meters in diameter; Marcelo Faruelo was granted a loan of 28 million pesos, which corresponds to 67.30% of his total investment (almost 42 million pesos).

Within the framework of Law No. 2870 on Economic Promotion, the provincial government supports this project of the metalworking industry that since 2004 has its headquarters in the General Pico Industrial Park, where since 2008 it provides services for the oil and hydrocarbon industry, manufacturing equipment specifics such as displacement pumps, AIBs and drive manifolds.

The execution times of the work are calculated between six months and a year, depending “on the raw materials, which are sometimes lacking; and of the limits that the pandemic imposes on us ”, assured Faruelo.

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