New strategic partnership and extension of the HRS industrial site

Strategic partnership agreement for industrial piping business between HRS and ECM Technologies

5-year exclusive framework contract

HRS is proud to announce the signing of a partnership for complex piping forming services on behalf of ECM Technologies for multi-million exclusive framework contract over the next five years..

This contract is aligned with HRS's goal to develop its complementary industrial piping businesswhich provides crucial skills in the manufacture of hydrogen stations. This expertise, rooted in the company's history, enhances the company's ability to offer integrated, high-quality solutions, supporting the expansion and diversification of its business portfolio.

Under the terms of the contract, ECM Technologies will delegate to HRS the manufacture of shaped piping parts for its highly technical photovoltaic furnace solutions, according to its needs. This partnership will ensure a high level of quality and responsiveness for all its production.

ECM world leader in the design and manufacture of heat treatment equipment

ECM TECHNOLOGIES, a family business based in Grenoble, France, designs and manufactures low-carbon heat treatment solutions for the transformation of materials and the management of complex industrial processes.

ECM's equipment meets the needs of a wide range of industrial sectors, including automotive, aerospace, electronics, energy (photovoltaics, hydrogen, nuclear), medical and materials development. These solutions support the development of a high-performance, sovereign and sustainable French industry.

"We're delighted to announce this strategic partnership with HRS, a fast-growing company based in the Grenoble area. With key skills that are complementary to ECM TECHNOLOGIES, it was obvious for us to turn to HRS to support our future needs - in particular for our development in the French photovoltaic sector. We look forward to mobilizing our teams to support this industrial project"

Laurent PELISSIER, Managing director of ECM Technologies

New industrial site to support business expansion

A new building will be constructed to house the industrial piping production and a new production line for high-capacity H2 stations.

The new 10,000-sqm industrial building will be built in the direct proximity of the HRS production centre in Champagnier, inaugurated in March 2024.

The building is scheduled for completion in September 2025, at which time the HRS production facilities in Champagnier will occupy 24 000 sqm on 4 hectares.

The construction of this second building is being financed by HR Holding, the holding company set up by Hassen RACHEDI, majority shareholder and founder of HRS, with the full support of Crédit Agricole Sud Rhône-Alpes. The new plant will be built on a 1.4 hectare site by Société de Bâtiment Industriel (SBI).

We receive support from them

"Environmental Transition is at the heart of our CSR ambition. By supporting the hydrogen industry and encouraging low-carbon mobility, we are actively contributing to a more sustainable future. We're proud to support HRS in its expansion project, and also proud to contribute to the reindustrialization of the former Champagnier industrial wasteland.."

Anne-Caroline PACE-TUFFERY, General Manager
and Ivan BORNECQUE, Director of the Corporate Market for Crédit Agricole Sud Rhône-Alpes

"We would also like to thank the Auvergne-Rhône-Alpes region and its metropolitan area, represented by Thierry Kovacs, Vice-President for the Environment and Positive Ecology of Isère, and Guy Jullien, Vice-President of Grenoble Alpes Métropole responsible for the economy, for their active support in the development of this project. Their commitment strengthens our ability to innovate and contribute to hydrogen mobility and the energy transition.”