Pfeiffer Vacuum invests in Annecy location

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The company announced an investment plan at "Choose France 2023," the summit for foreign investors in France. Over seven years, 75 million euros are to flow into the Annecy site.

"Our investment plan will serve to modernize and digitalize our production to continue our growth," said Dr. Britta Giesen, CEO of Pfeiffer Vacuum, at the meeting in Versailles. "We want to double the operations of our French subsidiary with a sales target of €600 million by 2030 and create 100 to 150 additional jobs."

Over the same period, the group plans to accelerate its course to reduce CO2 emissions in Scope 1 and 2 to net zero by 2030. "Reducing our CO2 emissions should also motivate employees, suppliers and customers to develop innovative solutions for environmentally friendly technologies," Dr. Giesen added.

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