Posted April 20, 2017

 

LE CHEYLARD, France ­– CHOMARAT, an international textile company with U.S. operations in Anderson, S.C., announced that it has set up an investment plan worth 3.5 million euros over a three-year period to boost innovation and modernize its French sites in the Ardèche region.

 

The 35-million-euro investment will enable CHOMARAT to acquire new technologies for its composite, construction and coating activities, to modernize its site dedicated to the production of glass-fiber reinforcements and to develop carbon solutions.

 

“Innovation is what makes us competitive both in France and abroad, and it drives our growth, so it is a core priority for the group,” said CHOMARAT Group Managing Director Michel Cognet.

 

The Group leads a robust innovation strategy and cooperates with universities and technical centers all over the world. It also sponsors a number of French and European collaborative projects, developing synergies and creativity around forward-looking topics.

 

“CHOMARAT already has a foothold in a number of markets, such as marine, energy, sports equipment, construction and luxury goods,” Cognet said. “Through this program, we are choosing to focus our development strategy on two new sectors: aerospace and automotive.”

 

In the automotive sector, the innovations will focus on carbon-fiber reinforcements, which help to lower the weight of vehicles, and on thermoplastic coatings for dashboards.

 

The group has a million-euro bonus under the regional development policy.

 

“CHOMARAT is an independent, family-run group with strong ties to the region, where it was established 120 years ago,” Cognet said. “We thank the government and all the local and regional authorities for their support.”

 

Source: CHOMARAT