Free press releases distribution network?

Agency / Source: Safran Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Safran and Air France Sign Regional Reindustrialization Agreement - Air France Industries-KLM and Safran Aircraft Engines to create a joint venture dedicated to compressor blade repairs*, the two partners also signed an agreement with tube manufacturer Vallourec** - AFILLMEM.com / Safran-Group.com
Safran and Air France Sign Regional Reindustrialization Agreement

 

PRZOOM - /newswire/ - Paris, Ile-de-France, France, 2016/06/01 - Air France Industries-KLM and Safran Aircraft Engines to create a joint venture dedicated to compressor blade repairs*, the two partners also signed an agreement with tube manufacturer Vallourec** - AFILLMEM.com / Safran-Group.com. PAR: SAF | SAFRAN

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Following the initial agreement between Air France Industries-KLM (afiklmem.com) and Safran Aircraft Engines to create a joint venture dedicated to compressor blade repairs*, the two partners also signed an agreement with tube manufacturer Vallourec** concerning regional reindustrialization and employment.

The latter agreement was signed on Tuesday, May 31 in the northern French city of Valenciennes, in a ceremony attended by Emmanuel Macron, French Minister of the Economy, Industry and Digital Technology, and Xavier Bertrand, President of the Hauts-de-France region in northern France. Ross McInnes, Chairman of the Board of Directors of Safran, signed the agreement on behalf of the Group, after participating in a roundtable on "Objective: reindustrialization for the Hauts-de-France region."

This location was not chosen by chance, as Ross McInnes explained: "We are very aware of the importance of contributing to the redeployment of a highly strategic business and skills set." He subsequently added: "It is very important for us at Safran to preserve local expertise, as shown by the success of our facilities in Commercy and Fougères."

The original Memorandum of Understanding (MoU) to create this joint company was signed on May 24 at the Elysée presidential palace in Paris by Philippe Petitcolin, Chief Executive Officer of Safran, and Alexandre de Juniac, Chairman and Chief Executive Officer of Air France KLM, in a ceremony attended by French President François Hollande.

The new company's production site will span 15,000 square meters in the Sars et Rosière business part in the community of Porte du Hainaut (Hauts-de-France region). Starting operation in early 2018, it will deploy the latest high-technology repair processes (laser welding, plasma projection, automated measurements, etc.). It will also conserve the jobs of some Vallourec employees, since the company announced the closing of its Valenciennes plant, by offering a retraining program lasting one year. The business should reach full production capacity by 2020, enabling the hiring of 200 to 250 employees.

*The Memorandum of Understanding, signed at the Palais de l'Elysée on May 24, concerns the creation of a jointly-owned company dedicated to the repair of aircraft engine compressor blades. The company will specifically target CFM56 engines from CFM International (powering the Airbus A320 and Boeing 737 families), the GE90 from GE (Boeing 777) and the GP7200 from the Engine Alliance (Airbus A380).

**Vallourec is a leading manufacturer of seamless steel tubes and dedicated tube solutions, intended primarily for the energy sector (oil, gas, electricity), as well as industry (mechanics, automotive, construction).

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Safran Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Safran and Air France Sign Regional Reindustrialization Agreement

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Safran Groups | Air France Industries-KLM
Contact: Press Office - Safran-Group.com 
+33(0)1 40 60 80 80 press[.]safran-group.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Safran Group securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Safran Group / Company Profile


Read Aviation/Aerospace Most Recent Related Press Releases:

Leonardo Inaugurates its New Airborne Systems Facility in L'Aquila, Making the Abruzzo Region A Hub for Leonardo's High-tech Production
Leonardo AW189 to Support Oil & Gas Operations in Russia from Sakhalin Island
Airbus Safran Launchers Group Announces 80th Consecutive Successful Launch For Ariane 5
Safran and Maini Precision Products Sign Supply Contract for LEAP Engine Guide Vanes
Safran Acquires ISEI - A Specialist in Helicopter Flight Data Management
DSNA, ENAV, Leonardo and Thales Strengthen their Cooperation for Coflight
CDPQ & GE Capital Aviation Services to Join Forces in Creating USD 2-billion Global Aircraft Financing Platform
Boeing Launches 737 MAX 10 Powered by LEAP-1B Engines
Leonardo Unveils its Lightest-ever Multi Mode Radar, The Gabbiano TS Ultra Light
PPG Receives PMA for Airbus A320 Enhanced-design Sliding Cockpit Windows

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  MagLar, Inc.

Visit  RightITnow Ltd

Visit  NAKIVO, Inc.







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today