• Textron Iberia secured a EUR 536,000 co-investment loan from COFIDES on November 5, 2026, to expand in Turkey.
• The FONPYME-backed financing supports a project requiring total investment exceeding EUR 765,000.
• Its subsidiary in Çerkezköy, Tekirdağ province, will establish production capacity through new machinery and an advanced laboratory.
• The facility will develop and manufacture specialized textile chemical formulations for Turkey and other regional markets.
• The project aims to reduce logistics costs and delivery times, strengthen competitiveness against locally manufactured chemicals, and improve technical support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COFIDES SA - Compañía Española de Financiación del Desarrollo published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.