The investment will allow AkzoNobel to increase and improve the production of aerospace and decorative coatings and create new job positions.
The coatings manufacturer AkzoNobel
has recently announced that it intends to improve and expand two production facilities in France through a €20 million investment project, that is expected to create also thirty new job positions.
The company will dedicate €15 million to its aerospace coatings site in Pamiers, that had been acquired by Mapaero in 2019. The plan is to increase the production capacity by 50%, while also reducing the environmental impact of the processes and improving safety and working conditions.
The project includes the construction of two extensions, one for storage and one for cleaning and waste treatment. It will also enable the company to relocate the production of exterior polyurethane paints for aircraft from its Waukegan plant in the U.S.A.
AkzoNobel will employ the other €5 million to improve the decorative paints production flexibility of its Montataire site. The improvement and expansion works are expected to begin at the end of 2023, with the new installations at both locations due to be operational in early 2025.
“These investments underline our growth ambitions and confirm our commitment to supporting economic development in France. The Pamiers project in particular demonstrates how we’re contributing to a more sustainable aerospace industry by increasing the supply of high-performance products that are more respectful of the environment,” has stated Thierry Vanlancker, the CEO of AkzoNobel.