Friday, October 16, 2015

Patek Philippe invests more than CHF 450 million to expand its manufacturing facility in Plan-les-Ouates, Geneva

Prestigious luxury watch maker Patek Philippe is enlarging its manufacture in Plan-les-Ouates in Geneva to pursue new activities and enhance the transfer of know-how.
The enlargement of the Plan-les-Ouates campus with an additional building is motivated by the objective of developing new business activities and creating ideal prerequisites for the multifaceted requirements imposed on Patek Philippe's in-house basic and advanced training programs.

This applies in particular to the following domains:
  • Innovation: Intensification of applied research in horological technologies (as a complement to the research projects pursued by the Patek Philippe Chair at the Swiss Federal Institute of Technology in Lausanne), specifically by establishing new test and homologation laboratories.
  • Artisanal professions: Creation of a new "Rare Handcrafts" department that will accommodate some 40 internal and external artisans. The department will also include a training center dedicated to these rare artisanal skills that are extremely important to Patek Philippe.
  • Service: Provision of manufacturing and warehousing resources for spare parts to consolidate repair activities with a special focus on the restoration of old timepieces.
  • Training: Centralization in Geneva of training assets for watchmaking and repairs as well as sales and marketing for watchmakers, distributors, and retailers in Switzerland and abroad.

Since the manufacture consolidated all of its activities in Plan-les-Ouates in 1996, it has grown significantly. Soon thereafter, in 2003, it became necessary to relocate the exterior components department to Perly, a neighboring community of Plan-les-Ouates. The purchase of a plot of land in 2009 enlarged the Plan-les-Ouates site, making it possible to renovate and extend a building to accommodate the production of all movement parts.
The project that has now been launched has a floor area of about 50,000 m2 on six stories and four underground levels. When completed in 2018, it will cover future space requirements in the long term. The new building creates the space needed to reconsolidate all Geneva-based activities on a single campus and is expected to offer sufficient reserves for Patek Philippe's growth in the next 20 to 30 years.
Both structurally and in terms of its technical installations, the new building will comply with strict energy conservation guidelines. Overall, the building’s energy efficiency largely corresponds to the Minergie-P standard. Financed entirely by Patek Philippe, the building was designed by Frisk de Marignac Pidoux, an architectural firm headquartered in Geneva. It will be built by Thônex-based contractors Frei & Stefani SA.

The building will have Floor area 50,000 m2 on 4 stories plus the ground floor and top floor (restaurant) as well as 4 sub-levels, of which 2 for utilities and building services and 2 for parking.

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