# ARaymond invests €66M in new production site for ARaymondlife

ARaymond is investing €66 million in a new production site in northern Isère, France, to increase capacity for RayDyLyo closures to 250 million parts per annum. The facility will be 14,000 m2 and is expected to be operational in early 2025, with workforce growing to 350.

- Type: Expansion
- Announced: 2024-01-25
- Where: northern Isère, France, France
- Value: $72.0M (66.0M EUR)
- Jobs: 250
- Starts operating: Jan 2025
- Status: under construction
- Capacity: 250 million parts per annum
- Products: RayDyLyo closures for pharmaceutical packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ARaymond](https://endata.com/companies/59782.md)

## Sources

- [pharmaceuticalmanufacturer.media](https://pharmaceuticalmanufacturer.media/pharma-manufacturing-news/latest-pharmaceutical-manufacturing-news/araymond-invest-%E2%82%AC66-million-in-araymondlife/), 2024-01-25: "By investing in a new production facility, we are assuring our current and future customers that we have the capacity to produce in large quantities and supply the entire market."

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