A Paris Region factory for Japan’s Iris Ohyama
In late November, Iris Ohyama formalized its commitment to build its first French factory in Lieusaint, on the southeast edge of the Paris Region. The Japanese company, a specialist in furniture and home furnishings, will invest €50 million in the site.
“Our decision to invest in France was motivated by opportunities linked to one of the largest European markets, outstanding logistics, labor productivity and an environment that encourages creativity and innovation,” explained Kentoro Ohyama, President of Iris Group, as he unveiled the project.
A hybrid site to produce and export
Before the first half of 2018, the Japanese industrial firm will construct a 35,000 m2 (370,000 ft2) building in the Levant industrial park in Lieusaint, composed of a production site, offices and a dedicated logistics area. This hub will allow the company to continue its expansion in Europe, and especially in its principal markets: France (40% of its European business), Germany, the UK and the Netherlands (where it has a factory since 1989).
A global leader in plastics
With over 14,000 products on the market, Iris Ohyama is a world leader in the production of consumer plastic products. The Japanese group specializes in everyday items: baskets, bins, office equipment, DIY and gardening items, and LEDs. It has over $3 billion in worldwide sales and 20 production sites.