Français Néerlandais Japonais Chinois Allemand Espagnol Portugais

€40m investment in Outreau Technologies

06 Mar 2018 | Front page, Mobility, Investment

Acquired in 2013 by Germany’s Vossloh Cogifer, the rail manufacturer will receive €40 million in investments through 2020.

€40 million modernization

Based in Hauts-de-France, Outreau Technologies produces railway crossings and was acquired by Germany’s Vossloh Cogifer for €6 million in 2013. Its parent company now plans to optimize operations by replacing the existing plant with a modern, 20,000-sq m facility at a cost of €40 million. The project is scheduled to run through 2020.

Hauts-de-France ranked first in France for rail

Some 40% of French rail manufacturing now takes place in Hauts-de-France, positioning the region as a European leader. The sector draws on an ecosystem with over 200 suppliers, underpinned by Bombardier, Alstom, Siemens and Titagarh­—four world-class manufacturers—and I-Trans, a competitiveness cluster with a global mission.

In all, the rail industry employs more than 10,000 people in Northern France and generates €1 billion in sales.

Sources: Voix du Nord, Semaine du boulonnais

Back to news

News

Heineken brings €5.5 m in cutting-edge technology to Hauts-de-France

The brewer has invested more than €70 m in the Hauts-de-France Region in nearly a decade. Let’s take a look at its newest upgrade to the Pélican brewery, a strategic production site in Mons-en-Baroeul.

The EPMA opens an office in Hauts-de-France

The European Powder Metallurgy Association is setting up shop in Chantilly (Oise <Hauts-de-France). Interview with Executive Director Lionel Aboussouan on why the EPMA chose Chantilly and its future...

All news