Gaussin announced on Tuesday its intention to accelerate its North American strategy by ramping up production at its Saint-Vallier site, a move welcomed by the Paris Bourse.

The logistics group, which specializes in the transport of goods and people, says it is aiming for sales of $200 million in 2025 in the United States.

It also plans to orchestrate a move towards full local production within three years, driven by strong market growth and the signing of strategic partnerships.

The company assures that its industrial site in Saint-Vallier, Saône-et-Loire, is ready to meet the production requirements of the more than 300 electric fleet tractors to be delivered to the USA by the end of 2023

The plant's total capacity currently stands at 2,400 vehicles per year, including ATM (logistics transport), APM (port) and MSV (underground).

All these announcements, made on the occasion of the Saint-Vallier site's open days, were welcomed by the stock market, with Gaussin shares gaining over 3% on Tuesday on the Paris Bourse.

The share price has gained over 34% over the past month.

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