MOSES LAKE – SGL Automotive Carbon Fibers is investing $100 million to add two new production lines at its Moses Lake plant.
The Washington State Department of Commerce issued a press release announcing that SGL Automotive Carbon Fibers, a joint venture with German luxury automaker BMW, had been designated a project of statewide significance.
The company will double production capacity of its existing operation on 60 acres, opened in 2012 and today employing about 50.
The production plan was built to supply all of the raw carbon fiber used in BMW’s new electric vehicle, the i3.
The project of statewide significance designation is prescribed in state law to provide for coordinated efforts such as streamlined permitting in support of industrial development with broad and lasting economic benefits. Partners in the project include Grant County Economic Development, the city of Moses Lake and the Port of Moses Lake.
“This expansion represents another exciting milestone for SGL and our state,” Gov. Jay Inslee said. “Washington is a perfect match for companies dedicated to sustainable, innovative and high-quality industrial production, and I couldn’t be more pleased to participate in the development of this sector that is so important to the economic future of our entire state.”
Foundation work for the expansion project began in early October.
The Moses Lake SGL plant includes a 110,308-square-foot process building and a 46,781-square-foot office and warehouse building. Plans are in place for six buildings and 12 production lines during the next five years, SGL representatives said.
The plant was built in 2010 at a cost of about $100 million.
From iFiberOne.com http://www.ifiberone.com/news/grantcounty/moseslake/sgl-automotive-to-spend-million-to-expand-moses-lake-plant/article_8b39535c-517d-11e3-aeb2-001a4bcf6878.html
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