The group has elaborated a three-year strategic plan in which it has gone for diversifying its activity by creating GNC Láser. This new firm located in the company's installations in Itziar, starts its activity this month and will specialise in laser technology material processing for the metal mechanical industry.

GNC Láser is a joint venture with the Lortek technology centre, situated in Ordizia, with which the GNC Correaanyak has developed the technology in several R&D projects, and will give reclaiming and superficial tempering services in moulds and dies, stamps, in addition to large parts for the capital goods, automotive and aeronautical sectors.

GNC Láser is the first firm with this technology operating in Spain and is the European leader, according to the people in charge of GNC Correaanayak. The new company will receive investments amounting to two million euros in three years and foresees having a workforce of 40 employees to be able to offer part-solutions both to the metal-mechanical industry and the global market.

The Nicolás Correa Group has four milling machine manufacturing production plants (two in Burgos, one in Itziar and another in China), as well as two auxiliary component plants. With a workforce of 400 employees, it foresees surpassing 90 million euros in turnover in 2007, and reaching 100 million euros in 2008.

Tel +34 947 288100 - Fax +34 947 288117 - info@correa.es – www.correa.es