Inauguration of the new Labinal (Safran Group) site at Villemur-sur-Tarn

Villemur-sur-Tarn, 21 February 2012

Labinal CEO Karen Bomba, Safran Group CEO Jean-Paul Herteman and Louis Gallois, Executive President of EADS and President of the Fabrique de l'Industrie think tank today inaugurated the new Labinal (Safran Group) plant at Villemur-sur-Tarn in the Haute-Garonne in the presence of Henri-Michel Comet, Prefect of the Midi-Pyrénées Region, Martin Malvy, President of the Midi-Pyrénées Region and Jean-Claude Boudet, Mayor of Villemur-sur-Tarn.

The 12 million Euros Safran has invested here will sustain the activity of Labinal, world leader in electrical wiring solutions for the aerospace market, in the region.

The new site bears the name of Labinal's founder, Jean Labinal, who started the equipment manufacturing company's industrial history back in 1921 and replaces the former Labinal factory built in the 1960s. The facility produces wiring and electrical cabinets for EADS (Airbus and Eurocopter) and hosts Airbus product support service activities. It also co-ordinates Labinal production globally.

"This new plant construction, the sixth since 2010, provides a perfect illustration of the Safran Group's industrial strategy of preserving skills and keeping key technologies alive in France through investment in its historic bases. 80 % of our activities are intended for the international market and our Group has a truly global dimension that is reliant on its roots in France where we make 75% of our investments and where two thirds of our work force are based" indicated Jean-Paul Herteman.

During the ceremony, Labinal CEO Karen Bomba announced "Our people now benefit from a modern facility, meaning that industrial efficiency and working conditions are enhanced. This new factory allows Labinal to retain its proximity to EADS, which is essential for its activity and the services it has to offer. The Villemur-sur-Tarn site co-ordinates manufacturing activities for Airbus and Eurocopter for all Labinal plants world-wide. It is also responsible for support and configuration management for all our products, whatever their origin".

The new building covers 13,500 square metres and accommodates 500 people. It is certified to environmental standard ISO 14001 and has taken on board additional standards and provisions that answer to High Environmental Quality (HEQ) construction criteria to reduce energy consumption.

Concern to ensure the comfort of employees and to answer the needs of the critical and delicate activity involved in electrical networks in aeronautics led to special attention being devoted to lighting, favouring the use of daylight and implementation of a graded lighting system in the workshops.

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About Labinal
Labinal is a high-tech company in the Safran Group and is recognized as a world leader in the field of electrical interconnection systems (and the engineering and technology that goes with them) for the aviation, space and defence markets and counts more than 9,500 employees in ten different countries. The company's unrivalled expertise is firmly rooted in decades of success in industrial design, development and production as reflected in the long term partnerships it has with the main global aeronautical companies.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

Contact Press
Marie FAGES
Tel:+33 (0)5.34.600.120
email:marie.fages@fr.labinal.com