Crodarom, producer of botanical extracts, is launching a first €4.65M investment program to expand its Chanac production site located in the Lozère department (Occitanie Region).
The project, scheduled to last 2 years, will concern the expansion of the storage warehouse and laboratories, as well as the construction of a new administrative building. A second €2M investment phase, scheduled as of 2021, will be initiated to expand and redesign the production area. The current Crodarom facilities cover almost 4,000m² with a headcount of about 70 employees. Owing to the expansion project, the headcount will increase to 100 employees and the facilities will include an additional surface area of 2,200m².
Acknowledged as an 'industrial jewel', Crodarom stands today as a key player of the economic and innovation development for the Occitanie Region. This was reinforced as they were announced as the winner of the 2018 "Company of the Future" prize within the "Innovation and Economy Trophy" of the Lozère Department.
The Occitanie Region, the Lozère Departmental Council, the Aubrac-Lot-Causse and Chanac Area municipalities community all believe in Crodarom's potential for international growth and have decided to invest in this project through a €580,000.00 subsidy.
Thierry Morin, Director of the Crodarom site said"Our local and regional institutions1 are fully aware of Crodarom innovative potential. We are very grateful for this subsidy as it will significantly contribute to our activities, to employment and to the Lozère economic development."
Crodarom are fully committed to its Corporate Societal Responsibility program, this site extension fits within Crodarom’s will to improve its industrial performance while respecting its ethical, social and environmental values. Crodarom is committed to:
- improve the well-being of its employees through the improvement of the work spaces,
- respect the environment by giving priority to the utilization of ecological materials and low-energy consumption equipment and facilities,
- support the local economic development by granting 94% of the total work contracts to regional businesses located within less than 100km from the site (47% of artisans located in the Lozère department).
To find out more about Crodarom and their botanical extracts, visit the 'Our Brands' pages on www.crodapersonalcare.com