The Valencian company Aceites de las Heras S.L.U., a producer, bottler and exporter of olive oil based in Utiel, will increase its surface area to 10,722 square metres thanks to the acquisition of 2,276 square metres of land in the Nuevo Tollo Business Park. The acquisition of the industrial land, through a sale and purchase agreement, will allow the company to expand its olive reception facilities and build a new building for the storage of auxiliary materials in order to increase its bottling capacity and prepare for the future on the international market. This will involve an investment of 450,000 euros. This was announced by the Councillor for Innovation, Industry, Commerce and Tourism, Nuria Montes. This company, which employs 25 people, has an annual turnover of 28 million euros between the domestic market and exports, as it works with more than 25 countries and foreign sales represent 25% of the total. In 2016, Aceite de las Heras inaugurated its new facilities in Nuevo Tollo, with a surface area of 8,500 square metres and a built area of 3,350 square metres, divided into an oil mill, raw materials warehouse, finished and auxiliary products, production plant and offices.