# Prefer invests EUR 7.5M in new concrete block factory in Hermalle-sous-Huy

Prefer, a subsidiary of Portier Group, invested EUR 7.5 million in a new factory on its site in Hermalle-sous-Huy, Belgium, tripling production capacity and expanding product range to include curbstones. The factory opened at the start of the COVID-19 lockdown.

- Type: Expansion
- Announced: 2020-09-24
- Where: Hermalle-sous-Huy, Belgium
- Value: $8.80M (7.50M EUR)
- Jobs: 1
- Starts operating: Mar 2020
- Status: completed
- Capacity: tripled production capacity
- Products: concrete blocks, curbstones
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Prefer](https://endata.com/companies/50137.md)
- [Portier Group](https://endata.com/companies/50138.md) (investor)

## Sources

- [beton.febe.be](https://beton.febe.be/2020/09/24/prefer-investeert-in-nieuwe-fabriek-op-zijn-site-in-hermalle-sous-huy/), 2020-09-24: "Met een investering van 7,5 miljoen euro kan Prefer nu zijn productiecapaciteit verdrievoudigen en wordt het gamma uitgebreid."

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