Industrias Aeronáuticas y Mecánicas del Estado

Industrias Aeronáuticas y Mecánicas del Estado (Spanish for State Aeronautical and Mechanical Industries, abbreviated IAME) was a state entity and autarchic conglomerate of factories of Argentina created in 1951 to promote the manufacture of aircraft and automobiles. In 1956 it was renamed Dirección Nacional de Fabricación e Investigación Aeronáutica (Spanish for National Directorate of Aeronautical Manufacturing and Research, abbreviated DINFIA).

History

After completion of the First Five Year Plan the administration of President Juan Perón had failed to establish a solid foundation for the growth of heavy industry. The trade balance in the automotive heading was unfavorable in 1951, imported around 20,000 units. Therefore Perón met with representatives of major foreign automakers to boost car production in the country. His proposal was rejected by the foreign manufacturers, arguing that Argentina they lacked the necessary expertise for the task and admitting only have a few autoparts Argentina invoice or final assembly in the country of foreign auto parts.
In this situation, the Minister of Aviation, Brigadier Juan Ignacio San Martín, also attending the meeting, proposed to the President producing cars in the country using high industrial knowledge achieved by the Institute Aerotécnica. On the basis of all property until then affected the Institute of Cordoba Aerotécnica ten factories were established