Porcher Industries, a specialist in technical textiles and thermoplastic composite, says that it will put in place a multi-million Euro growth and restructuring phase in 2017.
The company, which was founded over 100 years ago and was recently acquired by Warwick Capital, has appointed André Genton as chairman of the executive management board, to provide the expertise for this new phase. Genton joined Porcher in 2016 and has more than 20 years’ experience in the composites and polymer industries.
Porcher’s €50+ million of new investments, beginning in 2017, will be used to add new weaving capacity and develop quality control technology at sites in the US, Europe and China, increasing output in Porcher’s key automotive airbag and aerospace interiors markets. Thermoplastic prepreg solutions, such as the Spheriflex CFRP rotor hub developed with Airbus Helicopters for the H160 are also targets for growth in the automotive sector.
The company also plans to unify five business units – Aerospace & Defense, Automotive, Building, Industrial and Sport & Leisure –across a single business ERP system. Recruitment is underway for management, operational and technology roles.
This story uses material from Porcher, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
