While the aerospace industry has paid a heavy toll to the pandemic, CGR International has decided to speed ahead and boost its production for this particular market. The goal: gain altitude and cross the Atlantic Ocean. The plan: invest 1,2 M€ into its production unit at Sevran, specializing in the manufacturing of springs for aircraft applications. Half of the investment is funded by the French government as part of the France Relance post-Covid recovery plan. It will enable modernizing the plant north of Paris, which currently employs 44 highly trained specialists.
The deal was announced during a factory visit by Marc Guillaume, Head of the Greater Paris region, and Georges-François Leclerc, Head of the Seine-Saint-Denis department. “The subvention will accelerate our investment plan” commented Christophe Bojda, head of CGR’s aerospace division. “Our ambition is to gain access to the US market, for example Boeing”, adds Alexis Martel, Director of CGR International. Stay tuned!