From the mountains of the Pyrénées-Atlantiques emerges a new industrial era, with the bold project from Nexteam to transform a foundry dating back to 1938. With its roots in Arudy, the company will invest 30 million euros to inject a modernization that is both promising and strategic. This investment plan reflects Nexteam’s determination to strengthen its position as an industrial pillar while ensuring sustained local development, combining ancient traditions with cutting-edge technologies. This project is a concrete and pragmatic response to contemporary challenges by bolstering regional competitiveness and energizing the local economy.
Nexteam commits to a 30 million euro investment
The group Nexteam, a major player in the aerospace sector, recently announced an ambitious investment plan amounting to 30 million euros for the modernization of its foundry located in the Pyrénées-Atlantiques. This initiative aims to strengthen the competitiveness and production capacity of the Arudy plant, established since 1938. This colossal sum will be used to integrate new technologies and improve manufacturing capacities, thereby meeting the growing needs of the aviation market.
Impacts on the local economy and employment
The investment of thirty million euros by Nexteam is not only about improving industrial equipment. It also plays a crucial role in maintaining and creating jobs in the region. By restructuring the Arudy plant, Nexteam ensures sustainability at the local level by fostering new economic prospects for the Vallée d’Ossau. This announcement reinforces the economic potential of the Pyrénées-Atlantiques and contributes to attracting talent in the aerospace industrial sector.
Partnerships and international development
This project is also part of a dynamic cooperation between Ventana and Nexteam, two pillars of the industry who have decided to merge their efforts to form a reference industrial player. This synergy aims to optimize resources and offer more efficient solutions to their clients, including Safran, Airbus, and Dassault. Furthermore, with the support of investors like Tikehau Capital, which has injected 114 million euros into the group, Nexteam is on the path to international expansion, thereby demonstrating its ability to navigate a competitive market.
