What is Safran investing in to increase engine part production?

Safran is investing 150 million euros in a high-tonnage hydraulic press to significantly boost the production of critical engine components.

When will the new hydraulic press be operational and where?

The new 30,000-ton hydraulic press will be installed at the Gennevillers facility north of Paris and is expected to be operational by 2029.

Why is Safran increasing its control over the supply chain?

Safran aims to ensure resilience and control over its supply chain due to the increasingly unstable and volatile global environment, addressing shortages of critical parts like castings and forgings.

Home / Business and Economy / Safran Invests 150M Euros to Boost Engine Part Output

Safran Invests 150M Euros to Boost Engine Part Output

13 Apr

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Summary

Safran will invest 150 million euros in a high-tonnage hydraulic press.
The new press aims to double forging capacity at the Gennevillers facility.
Safran seeks to control its supply chain amidst global instability.

Safran Invests 150M Euros to Boost Engine Part Output

Safran is set to invest 150 million euros ($175 million) to install a 30,000-ton hydraulic press at its Gennevillers facility near Paris. This significant investment, expected to be operational by 2029, will double the plant's forging capacity for critical engine components.

The move is part of Safran's accelerated production ramp-up and its strategic effort to gain tighter control over its supply chain. Chief Executive Olivier Andries highlighted the need for massive investments to ensure resilience in an increasingly unstable world.

The new press will also be utilized for parts of engines currently in development for future medium-haul aircraft. This initiative addresses the persistent shortage of castings and forgings, which has been a bottleneck for aircraft manufacturers since the pandemic.

Safran also plans further investments in facilities, including a new foundry in Rennes and an expansion at another site. The company is increasing military engine production, expecting to deliver 108 engines in 2026.

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