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Jessica Sabbath// February 3, 2016//
EURO-COMPOSITES plans to invest $10.5 million to expand its U.S. operations in Culpeper County, creating 58 new jobs.
EURO-COMPOSITES, which is headquartered in Luxembourg, manufactures honeycomb composite materials that are used in the aviation, space, industrial and defense technology applications.
The company will expand its operation by 51,000 square feet and add equipment to increase its production of composite parts for the aerospace industry.
Virginia competed against Luxembourg for the project. Gov. Terry McAuliffe approved a $150,000 grant from the Commonwealth’s Opportunity Fund, and the company also will receive benefits from the Port of Virginia Economic and Infrastructure Development Zone Grant Program.
The company has partnered with Germanna Community College to provide specialized CNC training for its employees.
