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Engineering Firm to Expand
February 15 - Aucoin-Braud, the French engineering firm best known for its energy-efficient power generators, unveiled today its plans for expansion.
Speaking in a press conference in Paris, Aucoin-Braud President Simone Roux announced plans for the construction of a new global headquarters there.
Construction projects are also slated for the firm's foreign subsidiaries, Tecnologia, in Genoa, Italy, and Nonpareil, Inc. , in Brussels, Belgium.
At both companies, additional production facilities will be built and staff sizes increased.
In order to focus on alternative energy sources such as ocean power, Aucoin-Braud will establish an additional subsidiary in another international market.
When pressed by reporters to specify which, Roux declined to say, stating only that "Northern Europe has much potential in this respect and is important to our long-term goals. "
For industry analyst Dieter Veidt, this comes as no surprise.
"Aucoin-Braud has invested heavily in ocean power technology, so Northern Europe nations like Denmark or Finland are perfect venues for the firm's expansion. "
Roux's final comment at the press conference will undoubtedly fuel speculation on this point.
When asked what her short-term goals were, she replied that she is "planning a seaside vacation in Denmark. "