JPB Système, the leading manufacturer of efficiency-enhancing technology solutions for aerospace, aeronautic and other industries, has announced that it has received funding from the French government’s Ministry for Economy and Finance to support a project to establish a new purpose-built, state-of-the art production facility in Villaroche, south of Paris.
The grant was secured through the government’s Francerelance plan, part of its ‘Territoires d’Industrie’ programme designed to accelerate industry growth and help manufacturing companies revive operations amid the ongoing COVID-19 pandemic. For JPB Système, the funding will contribute towards its ambitious JPB Villaroche 2025 project – an initiative valued at more than €30 million that will see the company establish an advanced factory of the future adjacent to its current facility.