Nivarox-FAR: Cornerstone laid for new factory in Fontaines Fontaines (Switzerland)
November 6, 2008
Nivarox-FAR celebrated the beginning of construction of
its new factory today with a cornerstone-laying ceremony at its site
in Fontaines, Switzerland.
The new factory will provide approximately 6,000 square meters of workspace and is due to be completed in June 2009. It will accommodate around one hundred people currently working at different sites belonging to Swatch Group companies or at the current facility in Fontaines. The investment will amount to several million Swiss francs. The new facility in Fontaines will accommodate the following:
About Nivarox-FAR SA
The result of a number of mergers since 1850 of companies specialised in the manufacture of components at the heart of mechanical watches, Nivarox-FAR today is not only the sum of numerous unique areas of expertise, but is also a continuously evolving research and development laboratory.
Operations are coordinated from company headquarters at Le Locle and carried forward across four separate sites in the heart of the Jura Mountains. The 1,100 employees who make up the company work every day on a 22,600 square meter industrial site equipped with approximately 3,000 traditional and digital machines.