Home / Finance & Economy / Nexans inaugurates a new factory in Morocco

Nexans inaugurates a new factory in Morocco

The Nexans Group inaugurated, this Tuesday in Nouaceur, a new factory for the Telecom Systems Business Unit which will produce fiber optic cable connectorization accessories for FTTH (fiber to the home), 5G, Data center and LAN applications (local computer network).

Inaugurated during a ceremony chaired by the Minister of Industry, Trade and the Green and Digital Economy, Moulay Hafid Elalamy, this new site, located in the industrial acceleration zone of Nouaceur, known as Midparc, is built over 6,000 m², including 3,000 m² of production workshop, and will employ between 250 and 300 people by 2022.

This plant will allow the Group to increase its production capacity, while expanding its product range, and offering new services for supply chain optimization, component pre-wiring and cable connectorization. It will serve the European market, as well as the North African one.

“This new investment in Morocco by industrial leader Nexans, in line with the European strategy for rationalizing the supply chain, testifies to Morocco’s competitiveness and the resilience of the national industrial sector in this context of crisis,” Elalamy stressed.

For his part, Julien Hueber, Executive Vice-president of Nexans Business Group Industry Solutions & Projects, said that this new production unit “allows us to pursue our development strategy in this fast-growing region and to have a local in the North West African market”.

This investment “illustrates the Group’s desire to better serve its customers, by improving our responsiveness and the quality of our products, and by offering services with our range of telecoms and datacom products”, he said. Nexans is one of the main drivers of the global transition to a more connected and sustainable energy future. For more than 120 years, the Group has brought energy to life by providing its customers with advanced cabling technologies for power and data transmission.

With an industrial presence in 34 countries and commercial activities around the world, Nexans employs nearly 26,000 people. In 2019, the Group achieved sales of 6.7 billion euros.

Check Also

Michelin sets up its first sales agency in Morocco

Michelin, the world leader in tires and mobility, announced in a press release the establishment …

Leave a Reply