# Safran Aerosystems to expand Cognac site with €10-15M building

Safran Aerosystems is investing between €10 million and €15 million to build a new 4,000 m² building at its Cognac site in Charente, France, to free up space at its Ars plant.

- Type: Expansion
- Announced: 2024-04-25
- Where: Cognac, Charente, France
- Value: $16.4M (15.0M EUR)
- Status: announced
- Products: flotation systems, life rafts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Safran Aerosystems](https://endata.com/companies/11810.md)

## Sources

- [usinenouvelle.com](https://www.usinenouvelle.com/article/safran-aerosystems-investit-dans-l-extension-de-son-site-de-cognac-pour-ses-systemes-de-flottabilite-et-de-radeaux.N2212043), 2024-04-25: "Un nouveau bâtiment de 4 000 m² est attendu à Cognac (Charente) afin de libérer de l’espace au sein de l’usine d’Ars."

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