- Total investment close to EUR 18 million.
- The fully-automated plant will provide jobs for more than 70 employees when completed.
- The VAE Group as the global market leader in turnout technology now has 41 plants in 20 countries.
VAE and JEZ each hold a 50% interest in the new production company, which operates under the name Materièl Ferroviaire d’Aberats and is one of the most up-to-date manufacturers of cast manganese steel frogs worldwide. Total investments were close to EUR 18 million. In the final completion stage, the fully-automated production facility will provide jobs for 73 employees and have an annual production capacity of 3,500 units. It is the first production site of voestalpine Group’s turnout technology segment in France.