ARaymond Network* fastener supplier close to completing biggest industrial expansion in 150-year history | Press Release

Article by · 2014/10/07 ·

Grenoble, France (PRWEB) October 07, 2014

The 150th anniversary of the ARaymond Network in 2015 will also mark the completion of the largest and most ambitious industrial expansion in its history, according to CEO Antoine Raymond.

Over a three-year period the fastener Network will have invested more than €350 million building or extending 14 plants around the world and purchasing the very latest machinery and equipment.

Mr Raymond said: “Our investment has been spread across both developing countries and emerging markets. I don’t believe any of our competitors in the fastener industry has expanded and modernized as much as we have in the last few years. We have opened brand new plants in Japan, India, Germany, France and China, and doubled the size of our sites in the USA, Brazil and the Czech Republic. We have invested in state-of-the art stamping machines, injection-molding equipment and assembly technology. In addition, the layouts of all our plants have been carefully designed to incorporate the latest lean manufacturing methods.”(…)

via ARaymond Network* fastener supplier close to completing biggest industrial expansion in 150-year history.