2011

Labinal, Inc. Moving to Denton, Texas

07/12/2011

Jorge Ortega, Vice President and General Manager of Labinal North America, has announced the move of their North America Corporate Headquarters and Wiring Operations from Corinth to Denton, TX in the third quarter of 2012.

Labinal, Inc. (Safran Group) is a world leader in the design, manufacturing and installation of wire harnesses for the aerospace and defense industries. Including the corporate staff and wiring factory, they employ 720 team members in Corinth.

The new facility in Denton, a pre-existing structure of approximately 130,000 square feet, is almost twice the size of Labinal’s current footprint in Corinth. “The size and layout of our new facility will be designed to build a presence for Headquarters and improve the flow of work throughout the factory. The move signifies an increased capacity to accommodate projected growth, due much in part to increased production rates from our customers,” said Ortega._

Labinal purchased the current operation in Corinth, Texas from Boeing in 2003. They subsequently moved their headquarters from Oklahoma to Texas in 2009. Labinal produces wire harnesses for a variety of customers including Boeing, Sikorsky, and Bell Helicopter.

Labinal already has an active presence in the Denton area through their relationship with the Texas Workforce Commission and philanthropic work with the Susan G. Komen Foundation, among others. With the move to Denton, Labinal will be a top five employer in the area

Labinal, Inc. (Safran Group) As one of the Safran Group’s high tech companies, Labinal, Inc. is a world leader in the field of electrical wiring solutions for the aerospace and defense markets. The company’s unmatched expertise is founded on decades of design, development, and manufacturing success with long-term partnerships. Labinal’s industrial activities are organized in three divisions : Europe Wiring and Services, North America Wiring and Services, and Safran Engineering Services. Labinal, Inc. employs over 9,000 Team Members worldwide. For more information : www.labinal.com.

Safran Group is a leading international high-technology group with three core businesses : Aerospace (propulsion and equipment), Defense and Security. Operating worldwide, the Safran group has over 62,000 employees. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

Contacts

Phoebe HAMPTON Tel +1 940-270-5622