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Urgo to Build €60 Million Factory Near Saint-Étienne to Power Bid for Global Compression Lead

The project targets a 2029 opening to centralize manufacturing with on-site logistics.

Overview

  • The 35,000 m² complex in Andrézieux-Bouthéon will be Urgo’s fifth industrial site in France.
  • The company forecasts about 200 direct jobs and 115 indirect roles over the next decade from the new facility.
  • The site will span nine hectares about five kilometers from Urgo’s historic Veauche plant.
  • Public support totals roughly €600,000, and the investment will be presented at the Choose France summit on November 17.
  • Urgo says the expansion will keep production fully in France as it seeks to move from No. 2 to global leader in medical compression, with revenue near €890 million and operations in more than 60 countries.