Italian structural composites company selects Chattanooga for first U.S. operations, invest nearly $4M
Microtex Composites, Inc. will expand its presence by locating the company’s first U.S. operations in Southeast Tennessee creating 26 new jobs and investing nearly $3.8 million in Chattanooga through the project.
“Opening our new prepreg factory in Chattanooga represents another exciting development of Microtex Composites’ constant commitment to boost production capacity, ensuring the supply of the best qualitative prepreg level. By using ultimate technologies, we guarantee to our U.S. customers the highest quality levels in the field of dry and prepreg composites supply. Not only are we reinforcing our commitment to support customers, but we have also taken this opportunity to hire high qualified and trained staff whose knowledge and experience will contribute to the growth of Microtex Composites team,” said Federico Becagli, president, Microtex Composites, Inc.
Based in Italy, the composites manufacturer has experienced rapid growth in its European markets due to increased demand from its customers in the automotive and aerospace industries.
“We are proud to announce the opening of a new manufacturing facility in Tennessee dedicated to reliable, consistent and lead-time shortened prepreg supply. Microtex Composites is expanding its prepreg production thanks to its technological innovation and modern equipment. Our cutting-edge technologies allow us to strengthen our position in the U.S. market as an advanced materials company, and this new factory in Chattanooga is a key step that will strengthen our operational capabilities and our role in the supply chain,” said Gianfranco Meschini, vice president, Microtex Composites, Inc.
The move to Hamilton County will establish the company’s manufacturing presence in the U.S., allowing Microtex Composites continued global growth.
Photo via TNECD.
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