RCS - Senior PLC - Senior plc announces opening of new facility

SeniorAnnouncement

05/06/2024 07:00

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RNS Number : 1046R  Senior PLC  05 June 2024

5 June 2024

Senior plc announces opening of new French production facility

Senior plc ("Senior"), an international manufacturer of high technology
components and systems, today announces that its French operating business,
Senior Aerospace Ermeto ("Ermeto"), has opened a new production facility in
Fossé, France.  The new facility is required to support growth and will
expand Ermeto's capacity to manufacture high-pressure fluid conveyance
components for European and global aerospace and industrial customers.

The new facility, which is adjacent to Ermeto's existing factory, has an area
of 1600m², and increases Ermeto's manufacturing capacity by 25%.  The
increased capacity will be used to produce industrial valves and high-pressure
hydraulic fittings used in aerospace fluid-conveyance systems.  Ermeto is
Senior's European centre for highly-engineered hydraulic fluid fittings, and
is working in collaboration with Senior Aerospace Spencer, the Group's
high-pressure hydraulic fluid fittings business based in Valencia, California,
USA, that was acquired in November 2022.

Commenting at the opening ceremony, David Squires, CEO of Senior, said: "We
are delighted to mark the opening of this new production facility.  This
investment in Ermeto's growth will enable Senior to support our aerospace and
industrial customers' increasing levels of demand".

About Senior Aerospace

Senior Aerospace provides high technology products and systems for demanding
applications in the aerospace & defence and adjacent markets.  Our
product portfolio spans a wide range of fluid conveyance and thermal
management components and sub-systems, as well as complex structural parts and
assemblies for fixed and rotary-wing aircraft, aero-engines, spacecraft, and a
variety of other industrial applications.  With a global footprint, Senior
Aerospace manufactures proprietary design and build-to-print products for
customers around the world that meet today's challenges and is actively
engaged in developing products and capabilities for a low carbon sustainable
future.

About Senior

Senior is a FTSE 250 international engineering and manufacturing Group with
operations in 12 countries.  It is listed on the main market of the London
Stock Exchange (symbol SNR).  Senior's Purpose is "we help engineer the
transition to a sustainable world for the benefit of all our stakeholders".
Senior designs and manufactures high technology components and systems for the
principal original equipment manufacturers in the worldwide aerospace &
defence, land vehicle, and power & energy markets.  Further information
on Senior plc may be found at: www.seniorplc.com

Further information

 Bindi Foyle            Group Finance Director           +44 (0) 1923 714 725
 Tom Bindloss           Head of Treasury and Interim IR  +44 (0) 1923 714 743
 Richard Webster-Smith  FGS Global                       +44 (0) 7796 708 551

 

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