A new sports footwear factory is set to open in Barcelos later this year, initially creating 210 jobs, with that figure expected to rise to 580 by 2030. The facility, named Advanced Shoe Factory (ASF 4.0), covers 4,200 square metres and is being built in the parish of Silveiros. The first phase, starting in July, will feature two production lines with an annual capacity of 500,000 pairs, primarily for the brand Salomon. The project, supported by the Barcelos Municipality's Investment Support Office, is part of an industrial investment round involving figures such as Carlos Tavares and Teddy Riner, and is backed by the French group Chamatex.