Another American company invests in Morocco’s booming aeronautic industry:
American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million.
When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and light weighting in aerospace applications, including aircraft structures, engine nacelles and helicopter blades. In the interim, Hexcel will occupy a temporary facility on the Midparc site that will begin operating in Q4 2016, the group said in a press release.
The Casablanca facility is expected to employ more than 200 people by 2020. It is part of Hexcel’s ongoing worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. In recent years, Hexcel has increased capacity at existing plants to support its engineered core business and plans further expansions to capture additional opportunities in a global market with excellent growth potential…[FULL STORY]