Français Néerlandais Japonais Chinois Allemand Espagnol Portugais

Prysmian Draka Filéca invests in Beauvais plant

30 Jan 2018 | Front page, Mobility, Investment

The world leader in energy and telecom cables is investing €7 million at its site in Hauts-de-France to shift production of key raw materials in-house.

Prysmian Draka Filéca, aerospace, investment

Investing in people and equipment

Prysmian Group’s Sainte-Geneviève manufacturing site near Beauvais specializes in cables for the aerospace industry. The group has invested €4 million in a new 740 sq m metalworking unit and expects to spend another €3 million to expand it to 1,800 sq m—creating up to 15 new jobs in the process.

The shop makes conductors that are essential to Prysmian’s operations in Hauts-de-France, and bringing production in-house reflects the group’s confidence in the manufacturing expertise on tap at the Beauvais site.

New targets

For Prys­mian Group, the investment is a way to reduce costs and boost productivity before staking out positions with new clients and markets such as Boeing and China.

The company will also be more responsive to the needs of existing customers, including Airbus, a longstanding client that accounts for 70% of its total output.

By 2020, Prysmian hopes to meet 80% of its conductor needs internally—in all, several hundred metric tons of high-end nickel-plated copper wire.

Sources: l’Observateur du Beauvaisis, Prys­mian Draka Fi­léca

Back to news

News

Saica invests €41M in its Aisne site

Saica, the Spanish specialist in recycling paper for corrugated cardboard, is upgrading its Aisne plant in the Hauts-de-France region with the installation of a boiler that meets Rev3 energy transition...

AlkorDraka taken over by a Canadian company

The industrial pride of Picardy, based in the Oise region, and Alkor Medical Tubing have been taken over by Canadian General Tower.

All news