McPhy opens a new industrial site in Grenoble and will increase its hydrogen station production capacity sevenfold
22 Giugno 2021 - 7:30AM
McPhy opens a new industrial site in Grenoble and will increase its
hydrogen station production capacity sevenfold
- McPhy is continuing its transition to an industrial scale with
a new hydrogen stations production site located in the heart of the
Grenoble area and operational from March 2022
- By increasing its manufacturing capacity to 150 stations per
year, McPhy is providing a strategic answer to the future of the
hydrogen mobility market
- Significant operational and industrial synergies are expected,
by bringing together research and innovation, engineering,
production and support functions on a single site, allowing the
optimization of project execution times and a better service to
customers
- This project will lead to the creation of over 100 new jobs in
the Isère region once it achieves full output
La Motte-Fanjas, June
22, 2021 - 07:30 am CEST –
McPhy (Euronext Paris: MCPHY – ISIN:
FR0011742329), specialized in zero-carbon hydrogen
production and distribution equipment (electrolyzers and hydrogen
stations), today announces that it is having a new industrial site
dedicated to the development and mass production of hydrogen
stations. Operational from March 2022, this new factory will bring
together the research and innovation, engineering and production
activities currently based in La Motte-Fanjas and Grenoble, as well
as support functions. From 2022, the factory will multiply
McPhy's hydrogen station manufacturing capacities
sevenfold, from 20 to 150 units per year, and create over 100
direct jobs, at full load, in the Grenoble area. The Group is thus
equipped with a particularly efficient platform to fluidify its
industrial and logistical tool, which will optimize project
execution times and the service provided to its
customers.
Laurent Carme, CEO of McPhy,
states: “This new industrial site marks an important milestone in
McPhy's history and in our transition to industrial scale. McPhy
has all the technological and industrial assets to serve a
fast-growing hydrogen mobility market. This project will lead, in
term, to the creation of over 100 jobs in the Grenoble region. I
would like to thank the teams of McPhy for all the commitment they
put, on a daily basis, into making this project a great success. I
also warmly thank all the services of the French State and local
authorities, the Auvergne-Rhône-Alpes Region and Grenoble-Alpes
Métropole, for their support in this venture for the energy
transition and the reindustrialization of the territories”.
Antoine Ressicaud, Chief Manufacturing
& Procurement Officer: “From March 2022, we will have
a state-of-the-art production tool, to better serve our customers.
This industrial set-up will allow us to multiply by 7 our
production capacities of hydrogen stations and strengthen our
technological leadership in green hydrogen production and
distribution equipment. From an economic standpoint, our ramp-up
and the volume effect will result in significant gains in
competitiveness”.
Synergies and pooling of
skills
In March 2022, McPhy will move into the heart of
Grenoble, renting a 4,000 m2 existing industrial building. The
teams currently spread between the La Motte-Fanjas and Grenoble
sites will be brought together there, which will increase
efficiency in the realization of projects, promote
knowledge-sharing by creating synergies of teams and skills, and
further improve the level of customer service with reduced
turnaround times. The surface area of the new offices and
their location in an urban area, accessible by public transport,
will facilitate the onboarding of new employees with the
objective of recruiting over 100 employees by the
time the site is running at full load.
Annual manufacturing
capacity increased from 20 to 150 stations per year
from 2022
The factory is expected to gradually ramp up
production to reach an annual manufacturing capacity of 150
stations from 2022. This increase in volume, when McPhy
already has 35 stations delivered or in the process of being
delivered, will significantly lower manufacturing costs
while guaranteeing optimum delivery
times. At the same time, the Group will implement a new
integrated test platform and demanding lean manufacturing processes
based on digital manufacturing tools, with the aim of
mass-producing its new range of stations for refueling all
types of vehicles: light vehicles, buses, trucks or
trains.
This increase in productivity and capacity is a
response to the massification of the hydrogen mobility market, a
consequence of the pivotal role played by hydrogen in the transport
decarbonization process.
A location at the heart of the European
ecosystem
The takeover of this industrial site marks, for
McPhy, a strengthening of its foothold in Auvergne-Rhône-Alpes, a
pioneering region in the development of hydrogen. Thanks to its
strategic location in the heart of the Grenoble ecosystem, which is
one of the most dynamic in Europe, McPhy's new factory will
contribute to the international Group's standing. Its location,
which is optimal in terms of logistics flow management, will give
the Group the capacity to supply the
entire European market.
Next financial events
- 2021 Half-Year Results, on July 27, 2021
(after market)
About McPhy
Specialized in hydrogen production and
distribution equipment, McPhy is contributing to the global
deployment of zero-carbon hydrogen as a solution for energy
transition. With its complete range of products dedicated to the
industrial, mobility and energy sectors, McPhy offers its customers
turnkey solutions adapted to their applications in industrial raw
material supply, recharging of fuel cell electric vehicles or
storage and recovery of electricity surplus based on renewable
sources. As designer, manufacturer and integrator of hydrogen
equipment since 2008, McPhy has three development, engineering and
production centers in Europe (France, Italy, Germany). Its
international subsidiaries provide broad commercial coverage for
its innovative hydrogen solutions. McPhy is listed on Euronext
Paris (compartment C, ISIN code: FR0011742329, MCPHY).
To learn more: www.mcphy.com
McPhy is eligible PEA-PME
CONTACTS
NewCap |
|
Investor RelationsEmmanuel
HuynhT. +33 (0)1 44 71 20 42mcphy@newcap.eu |
Media RelationsNicolas
MerigeauT. +33 (0)1 44 71 94 98mcphy@newcap.eu
|
- 21.06.21.McPhy_PR_New Hydrogen Stations_Factory_Grenoble_
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