Afamsa produces refined oils and fats from fish products, in addition to the production of feed for food animals.
The company will invest about €14 million in new facilities and will start building in this week it began to build in the industrial area in Mos, where it acquired 28,000 square meters of land – double the size of its current property.
"We are in an urban area where we have no possibility of growth," managing director Andrés Valiñas said.
Valiñas said that in two years time they will move to the new premises, but in the transition period will maintain two plants. Eventually all production will take place in Mos and 29 employees will move to the new plant.
Afamsa, Manufacturers Association of Marine Oils was established in 1965 as a result of the merger of several Spanish producers of oil and fish meal and the family business Irgas.