AkzoNobel Announces €20 Million Investment in France
AkzoNobel recently announced plans to invest €20 to increase and improve production at two of its sites in France. The company reports that approximately 30 new jobs will be created.
A total of €15 million will be spent on the company’s aerospace coatings facility in Pamiers. Production capacity is being boosted by 50%, while the funds will also be used to reduce environmental impact and improve safety processes and working conditions. The other €5 million will be spent on improving production flexibility at the decorative paints site in Montataire, which is reportedly one of the company’s most important manufacturing locations for wall paints in Europe.