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“The Audemars-Piguet company wishes to establish a larger presence to the south of its current building<\/em>,” says Locle city councilor C\u00e9dric Dupraz. “The transaction represents a significant amount for the financial assets of the City of Le Locle, which previously owned the land.”<\/p>\n <\/p>\n Even though the agreement was reached a few days ago, there are still no concrete plans for the use of this new land<\/strong>. The announcement comes less than a year after the watchmaker inaugurated a modern, futuristic-looking factory in Locle. An investment of 55 million francs, for more than 1,500 m2 and 180 employees.<\/p>\n <\/p>\n This news of Audemars-Piguet’s expansion in Le Locle comes at a time of strong growth for the luxury watch industry. According to the Federation of the Swiss Watch Industry, exports in September were up 19.1% compared to the same month last year.<\/p>\n <\/p>\n And Audemars-Piguet isn’t stopping there. After launching a reconstruction project at the historic Brassus site in 2019, the brand inaugurated a luxury hotel during the spring, aimed at watchmaking customers.<\/p>\n <\/p>\n Read also>Audemars Piguet enters the hotel business in the Vall\u00e9e de Joux<\/a><\/p>\n <\/p>\n Featured photo : \u00a9\u00a0 [\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n “The Audemars-Piguet company wishes to establish a larger presence to the south of its current building<\/em>,” says Locle city councilor C\u00e9dric Dupraz. “The transaction represents a significant amount for the financial assets of the City of Le Locle, which previously owned the land.”<\/p>\n <\/p>\n Even though the agreement was reached a few days ago, there are still no concrete plans for the use of this new land<\/strong>. The announcement comes less than a year after the watchmaker inaugurated a modern, futuristic-looking factory in Locle. An investment of 55 million francs, for more than 1,500 m2 and 180 employees.<\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nThe Swiss manufacturer has just acquired a plot of land south of its new factory in the Saignoles industrial zone in Locle, in the canton of Neuch\u00e2tel.<\/h4>\n