Composite Resources Breaks Ground on 60000 Sq. Ft. Expansion

Composite Resources, a global leader in the design, prototype development and manufacturing of advanced composite solutions announced today that the company has broken ground on a new 60,000 sq. ft. that will more than double the size of their operations. The new expansion, when complete will bring Composite Resources total engineering and manufacturing space to 112,000 square feet.

"We are excited to see the excavation begin", said Jonathan Bennett, founder and Technical Director of Composite Resources as well as founder and driver for CORE autosport. "The demand for our expertise continues to rise and we need more room to keep pace with our business growth", said Bennett. "We've made investments this year in new technology and tooling that allows us to offer high-end, precision work that a lot of composite fabricators just can't afford to offer and some of those tools take up a lot of space".

"We've had growth from existing customer orders and now that we've created CORE autosport, our motorsports clientele has grown also", said Lisa Bennett, Vice-President and Director of Operations for Composite Resources. "The outlook for high-end, composite materials engineering and manufacturing seems to be bullish over the next several years because companies can make parts lighter, stronger and more durable". "New sectors are opening up too, like Green Energy and Transportation so it makes sense for us to expand in anticipation of that growth".

Located in Rock Hill, South Carolina's TechPark, Composite Resources serves a global market for composite engineering and manufacturing. The use of Carbon Fiber and other composite materials that offer greater strength, lighter weight and more durability continues to grow. Aerospace, industrial, military, medical, automotive, marine, clean energy and sports markets are increasing demand for high quality, precision designed composite solutions. The aerospace market alone is expected to reach $301B by 2018 according to market research firm Lucintel.

For more information, visit: www.composite-resources.com

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