Schneider Electric to invest €150 million in France, close factory
Schneider Electric (SU) said it will invest €150 million ($175 million) in France and close its Chasseneuil-du-Poitou factory as part of a plan to improve competitiveness.
Schneider Electric EURONEXT:SU said on Wednesday it will invest €150 million ($175 million) in France as part of a plan to improve its competitiveness in the country. The French industrial group also plans to close its Chasseneuil-du-Poitou factory, by Marc…