# RIVARD to invest nearly EUR 20 million to expand Daumeray production site

RIVARD is investing close to EUR 20 million to enlarge its production site in Daumeray (Maine-et-Loire), growing it from 7,000 m2 to over 10,000 m2 and moving assembly lines to dynamic production. The company says the change could double or triple its revenue.

- Type: Expansion
- Announced: 2025-01-30
- Where: Daumeray, Maine-et-Loire, France
- Value: $21.6M (20.0M EUR)
- Status: announced
- Capacity: over 10,000 m2 site (from 7,000 m2)
- Products: assembly equipment, Essentiel, Mistral, Europa, Zéphyr product lines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [RIVARD](https://endata.com/companies/12727.md)

## Sources

- [rivard-international.com](https://www.rivard-international.com/rivard-rivavenir/), 2025-01-30: "RIVARD investit près de 20 millions d'euros pour agrandir son site de production."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.