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With the latest economic and business news and insights from Grenoble-Isère

18 Juli 2017

ARaymond invests €55 million in Germany

Four years ago, ARaymond, an international specialist of fastener and assembly systems, launched a 500 million euro investment plan to renovate its factories around the world. The company’s latest investments served to renovate its factory in Weil-am-Rhein, which along with France, provides the group with its largest metal production capacities. The 30,000 square meter factory is the biggest in ARaymond’s history. It includes a 20,000 square meter production space. The 55 million euro investment was split between site renovations and equipment (41 million euros and 14 million euros, respectively).