AkzoNobel Announces €20 million Investment in France

AkzoNobel recently announced a €20 million investment to increase and improve production at two of its sites in France. The company says about 30 new jobs will be created.

The company says it will spend a total of €15 million on its aerospace coatings facility in Pamiers, which was taken over following the Mapaero acquisition in 2019. Production capacity will be boosted by 50%, the company says, while the funds will also be used to reduce environmental impact and improve safety processes and working conditions.

AkzoNobel says the other €5 million will be spent on improving production flexibility at the decorative paints site in Montataire, which is one of the company’s key manufacturing locations for wall paints in Europe.

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