The French aeronautic parts manufacturer, Le Piston Francais, will open a second plant in Morocco as part of its expansion plan.
Rabat – Aircraft and helicopter parts manufacturer Le Piston Francais (LPF) plans to open a second factory in Morocco by 2020.
The French daily Les Echos reported that LPF will invest €5 million to open its second factory in Casablanca to manufacture large circular parts, up to 1.20 meters in diameter, with vertical machining towers.
In the first term, the manufacturer will rent a 4,000 square meter plant to employ 65 personnel, before expanding it to 11,000 square meters and employing 150 people by 2024.
Through its second plant that will be constructed at a lower cost, the subcontractor will increase its business for Safran, a French multinational aircraft engine, rocket engine, aerospace-component, and defense company. They may also supply the British luxury automobile maker, Rolls-Royce, with which it is in negotiation.
The French aeronautic parts manufacturer will also invest an additional €15 milliont o increase its production volume in France by 2021.