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

20 Juni 2017

Porcher Industries signs €150 million contract in China

As a producer of composite and technical textiles, Porcher Industries recently signed a 150 million euro contract in China. The agreement was signed with a parts manufacturer who remains anonymous at the request of the company. The contract covers a five year period. Porcher Industries has operated in China since 1997 with two locations (Shanghai Porcher Industries and Shanghai Porcher Technical Textiles). The sites offer Asian Pacific clients a wide range of  textiles.

 

The company also has plans to recruit 400 new employees over two years. This recruitment plan follows the group’s recent 50 million euro investment in strategic growth and marks the first signs of positive returns. Job opportunities will be available in Europe, the U.S. and Asia for a variety of key sectors such as aeronautics, defense, automobiles, sports & hobbies, construction and industry.