Correa English Revista 75

The Prince of Spain, Don Juan Carlos and Princess Doña Sofía, visit the plant in November 1965. Photo: db-file
of creating more than 300 jobs.
The forecasts pointed
towards a turnover of 100
million pesetas per year in the
first phase, with an annual
production of 700 machines of
the 18 types of Correa milling
machines that the company
manufactured at that time.
A few months later, on
November 16 th , the Prince of
Spain, Don Juan Carlos and
Princess Doña Sofía, visited the
facilities, and on July 5 th , 1968,
the Head of State, Francisco
Franco, did the same, officially
inaugurating the Industrial
Promotion Centre.
Factory
Plant
Expansion
Nicolás Correa
is a firm of
growing prestige that
exponentially increases
its commitment to
international markets
through the company
Sociedad Anónima
Correa Exportaciones
(Sacoex), established
in 1970. A few weeks
earlier the Government
had awarded
Baldomero Nicolás-
Correa the Medal of
Work, a distinction that
speaks for itself of the
importance that the
firm is gaining.
Almost at the
same time, his son
José Ignacio joined
the company as
secretary of the
Board and head of
exports. The company
takes its first steps
in the manufacture
of automated milling
machines.
The new decade
brings with it an
expansion of the plant
and in 1979 Nicolás
Correa is one of the
300 Spanish companies
that achieve the
highest volume of sales
abroad: 80 percent of
its turnover goes to
the most industrialised
countries in the world.
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