N.C. materials firm expanding with S.C. facility
Get the latest news alerts: Follow LTW at Twitter
The Associated Press
COLUMBIA, S.C. — A North Carolina research firm that develops advanced textiles for the automotive, aeronautics and defense industries says it will open a new facility in South Carolina, creating 120 new jobs.
The state Department of Commerce announced Monday that Fletcher, N.C.-based Materials Innovation Technologies will bring a new facility to Lake City in Florence County. The company specializes in processes for reclaiming and molding carbon fibers – a strong, light and flexible material.
Gov. Mark Sanford said the announcement speaks to the state's progress on attracting high-quality companies.
Materials Innovation Technologies plans to do most of its hiring in February.
The company coordinates technical solutions to enable commercialization for a variety of emerging technology industries.
Copyright 2012 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Featured
Hot Off The Wire
- Red Hat's new Fedora lead; Cree LED breakthrough; Google, Cisco top 'green' list; Oracle rejects SAP settlement; Yahoo board shakeup
- Will Cisco report progress in its turnaround efforts?
- Cisco server fire threat; Lenovo Android upgrade; cloud startup vs. Cisco; Epic's Blesinski to host awards; Google 'Solve for X'
E-mail Preferences
The Skinny
- Charlotte's startup efforts pick up steam as more data pours in
- 'Battle in Bay 7' returns - Are you techies ready for some basketball?
- Inside RTP's new angel fund: Founders meeting 'significant' need
- Who won 'Social Bowl'? Super Bowl ads paying fans to play
- RTP broadband firm Overture, minus two top execs, launches new look
- Will RTP-based ChannelAdvisor go public? They're thinking
- What brands are winning Super Bowl hype? Two Durham firms to find out
- In Super Bowl of social media, Patriots win, Triangle firm says
- Big job cuts coming at IBM? Don't be surprised
- Erskine Bowles is among those who can cash in big time on Facebook IPO