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Eleven years after gaining a foothold in Morocco through the acquisition of two Moroccan SMEs operating in the manufacture of safety shoes and protective textile and leather gloves, the American giant Honeywell is strengthening its presence in Morocco.
The multi-business group founded in 1906 in Minneapolis has just created a third subsidiary based in Casablanca. Called Honeywell Morocco, this new entity intends to set up an industrial unit dedicated to aeronautics and more particularly, the manufacture of integrated avionics systems and electromechanical systems for airplanes and helicopters. Attached to the Honeywell Aerospace division, the armed wing of the Honeywell group in the aeronautical trades, Honeywell Morocco will have to invest no less than MAD 100 million on its site in Casablanca.
The arrival of Honeywell Morocco consolidates Morocco’s ambitions to improve the integration rate of its aeronautics industry, in particular by becoming a manufacturer of aircraft and helicopter engines. An ambition which is reflected in the establishment of a driving “ecosystem” developed around renowned manufacturers and constructors and which attracts more and more international players. In 2021 alone, the “Le Piston Français” group launched a plant in Morocco in the first quarter for the production of high-tech mechanical parts for aircraft engines.
It should be remembered that the Honeywell group today operates mainly in nuclear, aerospace, building automation (regulation, technical supervision, access control and security), defense (military avionics, etc.) and automotive equipment. In 2021, the group expects a turnover of more than 35 billion dollars (nearly MAD 300 billion) with a global presence in fifteen countries, including Morocco and Tunisia in Africa.
