Pfeiffer Vacuum invests in Annecy facility

Pfeiffer Vacuum Technology AG has announced a seven-year, €75 million investment plan for its Annecy site in France.

The Pfeiffer Vacuum location in Annecy.
The Pfeiffer Vacuum location in Annecy.

"Our investment plan will serve to modernize and digitalize our production in order to continue our growth,” said Dr Britta Giesen, CEO of Pfeiffer Vacuum. “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."

During the same period, the Pfeiffer Vacuum group intends to accelerate its reduction in Scope 1 and 2 carbon emissions to net zero by 2030.

"Reducing our CO2 emissions should also motivate employees, suppliers and customers to develop innovative solutions for environmentally friendly technologies," said Dr Giesen.

Most of the employees at Pfeiffer Vacuum's location live nearby. "This allows us to reduce commuting and encourage the use of public transportation. Today, 20% of our employees already come to work on foot or by bicycle. It's excellent that even some no longer own a car," said Guillaume Kreziak, managing director of Pfeiffer Vacuum SAS, the group's French subsidiary.