Novatec, a company that manufactures automotive components by injection, was formed 12 years ago with the intention of working in the very competitive automobile industry. In spite of its size, Náquera has become an established supplier of highly complex parts, such as double injection petrol refuelling intakes as well as light guides and filters for opticals, manufacturing for automotive suppliers such as Valeo and Hella.
But that is not all. The Valencia-based company has installed two plants outside Spain, the latter of these in Mexico in collaboration with a local partner, which opened last year.
This company also has a plant in Tangiers (Morocco), in this case with another regional plastic manufacturer, Erum group, Alcoy’s traditional hanger manufacturer. Together they created Novaerum, which started production in 2011.
This is not the only alliance between the automotive company and the Alcoy manufacturer. In fact, in order to meet demand from the automotive industry, Novatec carried out some of its less complex production operations at Erum in Alcoy. This is advantageous to Erum, given that due to lower costs in Asia and the presence of the main textile distributors and manufacturers in these companies, a large proportion of traditional production has been relocated to this part of the world. Novatec’s components therefore help to keep the production lines running.