# Pavatex invests EUR 27 million in Golbey insulation board plant

Soprema-owned Pavatex will invest EUR 27 million to concentrate production of rigid wood-fiber insulation boards at its Golbey, France plant, creating 50 jobs by 2021.

- Type: Investment
- Announced: 2020-02-17
- Where: Golbey, Vosges, France
- Value: $29.2M (27.0M EUR)
- Jobs: 50
- Starts operating: Q3 2021
- Status: announced
- Products: rigid wood-fiber insulation boards
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Pavatex](https://endata.com/companies/45309.md)
- [Soprema](https://endata.com/companies/23882.md) (partner)

## Sources

- [vosgesmatin.fr](https://www.vosgesmatin.fr/economie/2020/02/18/pavatex-investit-27-millions-d-euros-et-cree-50-emplois), 2020-02-17: "Suite à la réorganisation de son industrie européenne, Pavatex va concentrer sa production de panneaux isolants rigides en fibres de bois sur son usine de Golbey."

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