# Safran plans €1B expansion of engine repair network, 4,000 hires

Safran announced plans to invest over €1 billion and hire 4,000 people worldwide to significantly expand its jet engine maintenance network, responding to strong demand for LEAP engines.

- Type: Expansion
- Announced: 2024-10-29
- Where: Querétaro, Mexico, Mexico
- Value: $1.10B (1.00B EUR)
- Jobs: 4,000
- Starts operating: 27 Nov 2024
- Status: announced
- Products: jet engine maintenance services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Safran](https://endata.com/companies/1270.md)

## Sources

- [reuters.com](https://www.reuters.com/business/aerospace-defense/safran-announces-1-bln-euro-investment-engine-repair-network-2024-10-29/), 2024-10-29: "Safran set out plans on Tuesday to invest more than 1 billion euros ($1.1 billion) and hire 4,000 people worldwide to 'radically scale up' its maintenance network."
- [safran-group.com](https://www.safran-group.com/pressroom/safran-expands-engine-production-capacity-queretaro-strengthening-its-footprint-mexico-2024-11-27), 2024-11-27: "This plant symbolizes our commitment to excellence and our mission to push the boundaries of talent and aerospace technology in Mexico."

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