Latécoère relocates part of its activities to Mexico and the Czech Republic – Le Journal des Entreprises

The Toulouse group Latécoère (4,800 employees, 2021 turnover: €380 million), 75.4% owned by the American investment company Searchlight Capital Partners, will relocate to Hermosillo (Mexico) and Prague (Czech Republic) part of of the activities of its factory located in the Montredon area. The management of the aeronautical equipment manufacturer announced it to the social and economic committee at the end of January. 109 jobs and the factory’s automated machines would be affected. Latécoère, which intends to restructure its sites in the Toulouse conurbation and close its factory in Labège (Haute-Garonne) in particular within two years, had invested 47 million euros in this “factory of the future” of 9,000 m2 there. five years with the support of public authorities.