BEAUPREAU-EN-MAUGES, FRANCE – Lacroix Group is part of a group investing €25 million (US$26.7 million) to establish a 16,000 sq. m. smart factory here. The new plant will feature six production lines, including one exclusively dedicated to large automated production runs, and is expected to be fully operational by the end of 2021.
The EMS provider is opening the plant with help from the SPI fund, administered by Bpifrance. It said it would increase its competitiveness in traditional electronics system markets but also develop its presence in new growth markets, particularly in industrial IoT and large automated production runs.
“I am extremely pleased and grateful for Bpifrance’s support, through the SPI fund, for our 4.0 electronics factory project,” said Vincent Bedouin, CEO of Lacroix. “We have conceived this project as the standard-bearer of industrial renewal in the French electronics assembly sector. With this entirely digitized factory, integrating the most advanced technological standards, we are equipping ourselves with a powerful industrial tool, capable of meeting the challenges of an electronics market that is complex, competitive, international, and rapidly changing.”
“We are very happy to support the deployment of a 4.0 production site in Maine-et-Loire with Lacroix Group,” said Eric Lecomte, senior investment director, Bpifrance. “This investment will make it possible to meet the strong growth in activity, and to maintain our skills and know-how in complex electronic equipment with a strong technological component.”