Le Bourget, June 14 th 2005
Following the signing of an investment contract agreement between Labinal Maroc and the state of Morocco earlier this year, Labinal has launched construction of a new production unit dedicated to the manufacture and supply of electrical harness assemblies to the aircraft industry.
Located near Rabat, the new facility will cover an area of 107,000 sq. ft. on a
17-acre site, with potential for future expansion.
Production is expected to start in first quarter 2006. Benefiting from lean manufacturing processes, the facility will respond positively to increased Airbus production rates and meet the need to expand Labinal’s production capabilities in Morocco.
About 100 million dirhams will be invested in the project, creating over 400 high-tech jobs.
This new facility is in line with Labinal’s expansion strategy in Morocco, following the establishment in 2002 of the aerospace joint venture MATIS, formed by equal partners Royal Air Maroc, Boeing and Labinal.
“Labinal’s long-term presence in Morocco reflects our confidence in this country’s future and its competitive edge in subcontracting for the aircraft industry”, said Mr. Philippe Petitcolin, Labinal’s Chairman and CEO.
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One of the SAFRAN Group’s high tech companies, Labinal is a world leader in the field of electrical wiring systems – and studies in their engineering and associated technology - for the aviation, space and defense markets. The company’s unmatched expertise is founded on decades of design, development and manufacturing success with long-term partnerships with the leading aerospace companies. Labinal’s industrial activities, market segment oriented and customer-driven, are organized in three Divisions: Wiring Europe, Wiring North America and Engineering & Technology.
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