# Panasonic to invest €9M to modernize Tillières-sur-Avre plant for heat pump production

Panasonic will invest €9 million to modernize its Tillières-sur-Avre plant in France, where production of the Big Aquarea Série M air-water heat pump will be transferred from the Czech Republic starting in 2025. The plant will hire about 20 additional employees.

- Type: Investment
- Announced: 2024-04-08
- Where: Tillières-sur-Avre, Eure, France
- Value: $9.80M (9.00M EUR)
- Jobs: 20
- Starts operating: 2025
- Status: announced
- Products: Big Aquarea Série M air-water heat pump
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md)

## Sources

- [actu.fr](https://actu.fr/normandie/tillieres-sur-avre_27643/tillieres-sur-avre-panasonic-va-investir-9-me-pour-moderniser-son-usine_60919413.html), 2024-04-08: "Panasonic va investir 9 M€ pour moderniser l'usine où va être produite une pompe à chaleur révolutionnaire."

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