Loading…

Safran is expanding its European manufacturing footprint with a new compressor-components plant in Welkenraedt, Wallonia, Belgium. The €125 million project will be developed through a new subsidiary called Safran Booster Components, with Safran Aero Boosters holding 56%, Wallonie Entreprendre 33%, and SFPIM 11%.
“Safran said the project represents a €125 million investment and will be controlled through a joint ownership structure.”airspaceeconomy.com
Summarized from public sources; check the original articles before acting on it.