JEC COMPOSITES MAGAZINE - Issue #111 - March 2017 - Special JEC World - 11

NEWS in brief

Construction of the new facility will take place in two
separate phases. Phase I will be completed next year
and is approximately 40,000 square feet. Phase II will
provide an additional 40,000 square feet to the
facility.
www.mvpind.com

Development

HP Composites establishes North American operations
Continuing to grow its commitment to serving the North American market,
Everspeed group announces the establishment of an office for HP Composites in
Denver, North Carolina. The Everspeed group is comprised of 12 companies that
provide a range of products and services in the automotive and motorsports sectors,
including HP Composites and Onroak Automotive. The announcement comes following a banner first year for HP Composites in North America, doing well over $1,000,000
in business working with multiple OEMs and racecar manufacturers. HP Composites is a
producer of carbon fibre and composite components for Motorsport, Series Production
and the Industrial and Aerospace sectors. Employing over 250 people, HP Composites is
headquartered in Ascoli Piceno on the east coast of Italy. The new HP Composites office in
Denver, NC will maintain a dedicated design department for North American products
and services and will continue to expand its capabilities in the future.
www.hpcomposites.it

UMaine Composites Center to establish Smart Materials Lab
The Maine Technology Institute Materials Lab in Orono. Smart materials
(MTI) has announced the University sense and react to environmental condiof Maine Advanced Structures and tions or stimuli, such as temperature, light,
Composites Center will receive one pressure, or electricity. In recent years, a
of four new awards for collaborative wide range of novel smart materials have
projects that boost Maine's high-po- been developed in biomaterials, sensors, actential, technology-enabled clusters. Under tuators, and more. Their applications cover
MTI's Cluster Initiative Program (CIP), aerospace, automobile, telecommunicathe UMaine Composites Center was tions, and many other industries.
awarded $438,046 to establish a Smart
www.mainetechnology.org
Materials Industry Consortium and Smart
www.umaine.edu

Announcement

Expansion

Magnum Venus Products to build
$12 million facility in Knoxville, Tennessee
The company announces that it will expand its
operations and build a new $12 million facility
that will create approximately 70 jobs in Knox
County during the next five years. MVP's new plant
in the Hardin Business Park will consolidate its
current Knoxville operations and provide room for
future growth.
Currently, MVP
operates
a
headquarters in
Knoxville and a
75,000-square foot
manufactur ing
plant in Kent,
Washington, that employs approximately 100 people.
The Kent manufacturing operation will continue to
operate after the expansion in Knoxville.

www.mainetechnology.org - www.umaine.edu

No111 March 2017

/ jec composites magazine

http://www.hpcomposites.it http://www.mainetechnology.org http://www.mvpind.com http://www.umaine.edu http://www.muench-chemie.com

Table of Contents for the Digital Edition of JEC COMPOSITES MAGAZINE - Issue #111 - March 2017 - Special JEC World