Masterflex concludes leasing agreement for new plant in Morocco

During the world's largest air show in Le Bourget near Paris, Masterflex signed the leasing contract for the new production plant in the MIDPARC free trade zone near Casablanca in Morocco.

 

The contract was ceremoniously sealed by Managing Director Peter Bremer in the presence of important representatives of the Moroccan government, including Ryad Mezzour, Minister of Industry and Trade, and Karim Zidane, Minister of Investment and Public Policy.

The new site complements the existing plants in Norderstedt (Germany) and Plana (Czech Republic), which produce high-quality special hoses, bellows and moulded parts for international aviation customers under the Matzen & Timm brand.

Masterflex SE is thus continuing its international growth course and investing in the strategic expansion of its aviation division: with an investment volume of almost EUR 3 million, a new Masterflex Group plant is being built in the MIDPARC free trade zone near Casablanca (Morocco).

The aim is to significantly expand production capacities in view of the dynamic demand, to strengthen proximity to existing customers and, in particular, to develop new customers.

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Image source: AMDIE

GroupAeronauticsMasterflex ITMasterflex ESMasterflex PLMasterflex CNMasterflex CZMasterflex FRMasterflex UKMasterflex AsiaMasterflex (International)Masterflex ScandinaviaMasterflex DACHMatzen & TimmMasterflex GroupAviation
 
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