GREENVILLE, S.C. (Sept. 30, 2:30 p.m. ET) — Cadiz, Spain-based Carbures LLC plans to invest $6.5 million to build a composites manufacturing plant in Greenville.
The company selected the location in part because of its proximity to potential customers including Lockheed, Boeing, Proterra and BMW. Processes will include hand layup, resin transfer molding and automated tape layup.
The plant will be the company's first in America, according to Angel Vallejo, vice president of Carbures Europe-USA.
Construction of the 40,000-square-foot facility will begin shortly, the company announced Sept. 28, and Carbures plans to have the facility online in the second quarter of 2012. It will employ 50.
The state of South Carolina will provide pre-employment training for new employees and the company was approved for job development credits, which will be available when hiring targets are met.