Overview
- Urgo plans a new 35,000 m² industrial site in the Loire about five kilometers from its historic plant, slated for completion by 2029 as the group’s fifth French facility.
- The company says the project will create jobs, with estimates ranging from about 200 direct roles to as many as 300 direct and indirect positions over ten years.
- Production of compression bandages will be concentrated in France as part of a strategy to strengthen Urgo’s position in a key medical segment.
- Local officials welcomed the decision to locate the plant near Saint-Étienne, describing it as a win for the territory.
- The announcement is being showcased at the Choose France investment summit, and follows company-reported 2024 revenue of €890 million and operations in more than 60 countries.