Editing Mecachrome (section)

==History==
Mecachrome was founded in 1937 in [[Colombes]], France. As a precision engineering company, Mecachrome focus their business on aerospace, automotive, motor racing, defence and energy sectors designing and manufacturing high value-added parts, systems and structural assemblies.<ref>{{cite web|url=https://www.datanyze.com/companies/mecachrome/64619446|title=Mecachrome Company Profile|publisher=Datanyze|access-date=8 July 2022}}</ref>

Mecachrome are known most famously for the manufacture of Formula One engines, designed by Renault for Formula One teams including [[Williams Grand Prix Engineering|Williams]] and [[Benetton Formula|Benetton]] during the 1990s.

In 2003, Mecachrome moved its head office from France to [[Canada]]. In 2008, the company went public just prior to the global economic crisis.  Their share price plunged from a high of $13.55 per share to 15 cents.<ref name="Mecachrome Family">{{cite news|url=https://www.theglobeandmail.com/report-on-business/mecachrome-founding-family-ousted/article20389930/|title=Mecachrome founding family ousted|newspaper=The Globe and Mail|date=11 November 2008 |access-date=8 July 2022|last1=Partridge |first1=John }}</ref> By July 2008, Mecachrome made job cuts in both Canada and France with production moving to Canada due to excess capacity caused by delays to the [[Boeing 787]], for which Mecachrome was a supplier.<ref>{{cite news|url=https://www.theglobeandmail.com/report-on-business/mecachrome-cuts-jobs-shifts-production/article954733/|title=Mecachrome cuts jobs, shifts production|newspaper=The Globe and Mail|date=24 July 2008 |access-date=8 July 2022}}</ref> In November, the majority shareholding Casella family who were descendants of the original Mecachrome founders, stepped aside. Christian Jacqmin was appointed CEO.<ref name="Mecachrome Family"/> At the end of 2008, Mecachrome completed their financial restructuring.<ref>{{cite web|url=https://www.newswire.ca/news-releases/mecachrome-completes-its-financial-restructuring-in-france-and-canada-539100521.html|title=Mecachrome completes its financial restructuring in France and Canada|publisher=Cision|access-date=8 July 2022}}</ref>

In April 2014, Mecachrome signed a deal to supply to [[Safran]] in the manufacture of the new LEAP engine to be used in a variety of Airbus, Boeing and [[COMAC]] aircraft.<ref>{{cite web|url=https://www.usinenouvelle.com/article/mecachrome-produira-les-aubes-du-moteur-leap-de-safran-des-2015.N255689|title=Mecachrome produira les aubes du moteur Leap de Safran dès 2015|date=15 April 2014 |publisher=usinenouvelle.com/|language=FR|access-date=8 July 2022|last1=Nouvelle |first1=L'Usine }}</ref> In 2015, Airbus announced Mecachrome as the manufacturer of nose landing gear bays for their new Beluga aircraft. Mecachrome already worked with Airbus on its A320, A330, A380 and A400M aircraft.<ref>{{cite press release|url=https://www.globenewswire.com/news-release/2015/08/05/1137810/0/en/Mecachrome-Canada-is-Selected-by-Stelia-Aerospace-for-the-Manufacturing-of-All-Nose-Landing-Gear-Bays-on-the-New-Beluga-Aircraft.html|title=Mecachrome Canada is Selected by Stelia Aerospace for the Manufacturing of All Nose Landing Gear Bays on the New Beluga Aircraft|date=5 August 2015 |publisher=Globe Newswire|access-date=8 July 2022}}</ref>

In 2017, Mecachrome declared interest in providing a standardised "budget" engine for Formula One.  This would have been in addition to their [[GP2 Series|GP2]] & [[GP3 Series|GP3]] engine supply deals.<ref>{{cite web|url=https://www.espn.co.uk/f1/story/_/id/14212156/mecachrome-declares-interest-2017-budget-engine-supply|title=Mecachrome declares interest in 2017 budget engine supply|date=24 November 2015 |publisher=ESPN|access-date=8 July 2022}}</ref>

In April 2019, Christian Cornille took over as CEO of Mecachrome and targeted €1bn turnover.<ref>{{cite web|url=https://www.theceomagazine.com/executive-interviews/automotive-aviation/christian-cornille/|title=A new chapter: Christian Cornille|publisher=The CEO Magazine|access-date=8 July 2022}}</ref>

The company operates across 14 sites in Europe, North Africa and North America.  In 2020, reported revenues were €220million.  Mecachrome employ over 2,500 worldwide.<ref>{{cite web|url=http://www.mecachrome.com/5-36803-About-us.php|title=About Us|publisher=Mecachrome SAS|access-date=8 July 2022|archive-date=13 March 2022|archive-url=https://web.archive.org/web/20220313012127/http://www.mecachrome.com/5-36803-About-us.php|url-status=dead}}</ref>

In 2021, the company changed its corporate address from [[Amboise]] to [[Blagnac]].<ref>{{Cite web |title=Mecachrome France (31700) : siret, siren, TVA, bilan gratuit... |url=https://entreprises.lefigaro.fr/mecachrome-france-37/entreprise-429853351 |access-date=2023-03-18 |website=entreprises.lefigaro.fr}}</ref>