# Cryostar invests EUR 15 million in new assembly hall at Hésingue, France

Cryostar is investing EUR 15 million of its own funds to build a ninth 1,600 m2 hall at Hésingue, Haut-Rhin, for assembling and testing turbines and compressors, doubling capacity for these products, with 25 hires planned and commissioning expected end of 2022.

- Type: Expansion
- Announced: 2021-07-16
- Where: Hésingue, Haut-Rhin, France
- Value: $17.7M (15.0M EUR)
- Jobs: 25
- Status: under construction
- Capacity: doubling production capacity of expansion turbines and gas compressors
- Products: expansion turbines, gas boil-off compressors, cryogenic pumps
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Cryostar](https://endata.com/companies/8189.md)
- [Linde](https://endata.com/companies/472.md) (partner)

## Sources

- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/article/cryostar-realise-le-plus-gros-investissement-de-son-histoire-hesingue-1565758), 2021-07-16: "La société investit 15 millions d'euros sur fonds propres (neuf millions d'euros pour le bâti et six millions d'euros pour les équipements)"

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