Faurecia will invest more than 150 MDH in a new factory in Salé

A memorandum of understanding relating to the creation of a new factory for the cutting, animation and production of textile and leather covers for car seats, was signed on Friday, December 23 in Casablanca, by the Minister of Industry and Trade , Ryad Mezzour, and the general manager of Faurecia operations in Morocco and Tunisia, Taoufik Laamiri.

December 24, 2022 at 10:37 a.m.

Modified December 24, 2022 at 10:37 am

A memorandum of understanding relating to the creation of a new factory for the cutting, animation and production of textile and leather covers for car seats, was signed on Friday, December 23 in Casablanca, by the Minister of Industry and Trade , Ryad Mezzour, and the general manager of Faurecia operations in Morocco and Tunisia, Taoufik Laamiri.

This agreement with Faurecia, a Forvia group company, aims to invest more than 150 million DH in the launch of a new unit of the group in Salé, with a view to consolidating its position in the automotive ecosystem, indicate the two parties in a press release, noting that this investment will allow the creation of 1,400 direct jobs by 2028.

Faurecia is a world leader in automotive technology. With 250 industrial sites, 39 R&D centers and 111,000 employees in 33 countries, Faurecia operates in four business areas: Seating, Interiors, Faurecia Electronics and Clean Mobility. In 2021, the group achieved 15.6 billion euros in turnover. Faurecia is listed on the Euronext Paris market and is part of the CAC Next 20 and Euronext CAC 40 ESG indices.

Faurecia has been present in Morocco since 2008 through 3 production units (2 factories in Kenitra and 1 factory in Salé).

December 24, 2022 at 10:37 a.m.

Modified December 24, 2022 at 10:37 am