Home / Business and Economy / Safran to Triple Gyroscope Output in France

Safran to Triple Gyroscope Output in France

Summary

  • Safran will invest €120 million in its Montlucon site.
  • Output of hemispherical resonator gyroscopes will triple.
  • Production expansion is set to be completed by 2032.
Safran to Triple Gyroscope Output in France

Safran, a prominent French jet engine manufacturer, has announced a substantial investment of €120 million. This significant capital injection will be directed towards its facility located in Montlucon, central France. The primary goal of this investment is to triple the production capacity for hemispherical resonator gyroscopes (HRGs). This ambitious expansion plan is scheduled for completion by the year 2032, signaling a long-term commitment to enhancing technological output and manufacturing capabilities within the region.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Read more news on

Property Code: 5571